CPA Practice
FEBRUARY 15, 2024
Extended HSA contribution deadline The 2023 health savings account (HSA) deadline is April 15, 2024, when federal tax returns are due. Connecticut Connecticut tax deadline extension Severe storms and flooding hit parts of Connecticut beginning on Jan. For more information, see Tax Relief for Connecticut Storm Victims.
CTP
MAY 8, 2024
For instance, Connecticut provides a state tax credit covering 87.5% Again, the key is that the state tax is paid on the business level to avoid the SALT limits placed on individual taxpayers, so the PTE tax must be paid with the entity’s bank account, even if that means the individual advances money into the company to pay the tax.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
CPA Practice
APRIL 5, 2024
Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. Connecticut $1,731,261 $855,307 49.4% Rhode Island $1,600,495 $684,828 42.8% Connecticut $1,731,261 $855,307 49.4%
CPA Practice
DECEMBER 13, 2023
States in the northeast – including New Jersey, New York, Pennsylvania, Connecticut, Massachusetts, Rhode Island, and New Hampshire – overwhelmingly prefer babysitting as a side hustle. States with the least interest in finding a side hustle are Florida, Vermont, and Maine – all of which are on the East Coast.
CPA Practice
JANUARY 17, 2024
Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.
CPA Practice
JANUARY 10, 2024
Top 30 accounting firm PKF O’Connor Davies has acquired Silver Springs, MD-based Robert Philipson & Co., an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated tax services. Financial terms of the deal, which became official on Jan. weren’t disclosed.
ThomsonReuters
APRIL 25, 2024
As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.
Expert insights. Personalized for you.
102 
Let's personalize your content