Shay CPA

APRIL 28, 2025

Connecticut: Employers with five or more employees who do not offer a qualified retirement plan are generally required to participate in the MyCTSavings program or provide an equivalent plan. Employers with fewer than 25 employees have more flexibility, though they should still consider providing a retirement savings option.

New York 52

New York payroll New Jersey CPA 52

Withum

JULY 17, 2025

States offering this option include California, Connecticut, Illinois, New Jersey, and New York. This election helps partners, members, or shareholders deduct more state taxes beyond the $10,000 limitation on their federal returns.

tax planning 52

tax planning Tax Non-Profits New York 52

Going Concern

MAY 12, 2025

In Connecticut, an accountant decided to do a little COVID relief fraud : A Woodbridge man last week pleaded guilty to offenses connected to a scheme to defraud a COVID-19 pandemic relief program of more than $2.3 million, according to the office of Acting United States Attorney for the District of Connecticut Marc Silverman.

Kansas 52

Kansas Connecticut accounted Account 52

Accounting Today

JUNE 6, 2025

CANADA CPA Canada and FP Canada, Toronto, signed a new memorandum of understanding to enhance collaboration between the accounting and financial planning professions, offering professional accountants who are part of CPA Canada opportunities to enhance their credentials, along with improved access to FP Canada courses and conferences.

New Jersey 52

New Jersey Technology Connecticut North Carolina 52

CPA Practice

JUNE 30, 2025

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

Technology 104

Technology Rhode Island South Dakota West Virginia 104

TaxConnex

MAY 22, 2025

For instance, in Florida (an especially holiday-happy state), Iowa, Texas, Mississippi, Missouri, Oklahoma, Alabama, Connecticut and New Mexico (in 2024) and Tennessee, only clothing costing less than $100 is tax-free. Often, back-to-school clothing sales tax holidays are pegged to prices.

Rhode Island 130

Rhode Island West Virginia Iowa Oklahoma 130

TaxConnex

MAY 8, 2025

Connecticut, for instance, taxes SaaS but at a rate much lower than the states general sales tax. Subscriptions and downloaded software as delivery methods can also create sales tax obligations, but this can also hinge on how a tech company presents the charge on an invoice. Some states exempt SaaS from taxation, but this too varies widely.

South Dakota 147

South Dakota South Carolina Technology Ohio 147

Accounting Today

JUNE 23, 2025

EDT 18 Min Read Facebook Twitter LinkedIn Email GASB headquarters in Norwalk, Connecticut Courtesy of GASB Enjoy complimentary access to top ideas and insights — selected by our editors.

accounting standards 101

accounting standards Government Technology audit 101

CPA Practice

JULY 7, 2025

Schulten is a 2006 graduate of the Georgetown University Law Center with a concentration in Securities and Financial Regulation and holds a bachelor of arts in history with honors from Trinity College in Connecticut. He is admitted to the New York State Bar and the U.S. Supreme Court. Thanks for reading CPA Practice Advisor!

North Carolina 55

North Carolina Technology payroll New York 55

TaxConnex

JULY 10, 2025

Connecticut (certain clothing and footwear costing up to $100), dates TBA; Iowa (certain clothing and footwear up to $100 in cost), Aug. 2-3; Florida (clothing to $100, general supplies up to $50, computers up to $1,500) Aug. 1-31; Missouri (clothing up to $100, general supplies up to $50, among others) Aug.

West Virginia 147

West Virginia Sales Virginia Mississippi 147

CPA Practice

NOVEMBER 14, 2024

The agency has also been honored with awards from other reputable brands including The Recorder (California), Daily Report (Georgia), Texas Lawyer, National Law Journal (Midwest and Washington, DC), New Jersey Law Journal, New York Law Journal and Connecticut Law Tribune (New England). “We

Connecticut 98

Connecticut New Jersey Georgia accounted 98

Accounting Today

JUNE 26, 2025

Connecticut: Attorney Scott M. Hartford, Connecticut: Tax preparer Clyde Gibson Jr., Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. Englander, Westlake Village, indefinite from Oct. 1, 2024; and CPA Walter W. Knauss III, Westlake Village, indefinite from Dec. Schwartz, Berlin, indefinite from March 18, 2025.

Tax 71

Tax Technology tax preparation CPA 71

Accounting Today

JUNE 27, 2025

Until now, some business owners in most states havent actually needed to abide by the SALT cap that applies to everyone else, thanks to legal workarounds approved by legislatures in New York, New Jersey, Connecticut, California and dozens of other states.

Tax 52

Tax Technology New Jersey tax planning 52

TaxConnex

JULY 1, 2025

below in Connecticut. Of the 45 states that impose sales taxes, 16 had collections that outperformed long-term trends, ranging from 5.1% above trend in Wyoming to 0.2% above in New York, Utah and Mississippi. General sales tax revenue underperformed its long-term trend in 29 states, ranging from 8.8% below trend in Nevada to 0.2%

Sales 147

Sales Utah Tax Mississippi 147

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll 52

payroll Rhode Island South Dakota West Virginia 52

Accounting Today

AUGUST 9, 2024

The Treasury Department and the Internal Revenue Service said Friday that Connecticut will be the latest state to join the IRS Direct File program for free tax preparation.

Connecticut 126

Connecticut Tax tax preparation income tax 126

Patriot Software

OCTOBER 10, 2022

Connecticut joined the paid family leave states when employers began handling Connecticut paid family leave contributions in 2021. Employees in Connecticut can now apply for benefits from the state’s paid family leave program. Read on to learn about the new Connecticut paid family […] READ MORE.

Connecticut 116

Connecticut payroll 116

MyIRSRelief

APRIL 15, 2022

Tax representation services help in Connecticut: New Haven-Milford Metropolitan Area. Our tax firm assists, helps and represents taxpayers facing tax problems such as unfiled tax returns, unpaid delinquent back taxes, IRS and state audits , payroll 941/940 problems, tax levies, liens, garnishments and other collection issues.

Connecticut 130

Connecticut Tax Real Estate tax return 130

Patriot Software

JULY 18, 2024

The Connecticut paid sick leave law was the first state-mandated paid sick leave in the United States, dating back to 2012. In 2024, the state passed a major Connecticut sick leave expansion that begins in 2025. Do you have to pay your employees for sick days in CT? If so, how many days do you […] Read More

Connecticut 102

Connecticut payroll 102

CPA Practice

SEPTEMBER 10, 2024

The extended deadlines are limited to flood-damaged areas of Fairfield, New Haven and Litchfield counties in Connecticut, as well as Suffolk County in New York that sustained damage in the historic Aug. The Federal Emergency Management Agency identification number for Connecticut is 3612-EM and for New York, it’s 3613-EM.

Connecticut 110

Connecticut New York Tax tax return 110

Patriot Software

JULY 28, 2022

Here’s a shocking stat: More than 600,000 private-sector employees in Connecticut don’t have an employer-sponsored retirement savings plan. To encourage more employees in the state to save for retirement, Connecticut launched the MyCTSavings Retirement Program (MyCTSavings).

Connecticut 97

Connecticut payroll 97

TaxConnex

AUGUST 15, 2024

Louisiana lets small private aircrafts soar tax-free, and Connecticut extends that to bigger planes. Sometimes, though, sales tax holidays just plain do good – like the fixed one in Connecticut on bike helmets, kids’ car seats, college textbooks, firearm safety devices, medical goods and pollution-control equipment, to name a few.

Sales 264

Sales South Dakota South Carolina Tax 264

CPA Practice

AUGUST 30, 2024

S Attorney’s Office for the District of Connecticut. Mark Legowski, 60, a self-employed accountant who did work filing tax returns in Farmington, underreported gross receipts from 2015 to 2017 as part of an effort to reduce his income tax liability, according to a news release from the U.

Connecticut 95

Connecticut tax return Tax income tax 95

TaxConnex

MARCH 3, 2022

In April 2021, the Connecticut General Assembly introduced?a to 10% of the annual gross revenues derived from digital advertising services in Connecticut, depending on the taxpayer’s global annual gross revenues. As in Indiana, employee services wouldn’t be subject to the tax.

Indiana 246

Indiana Connecticut Nebraska Maryland 246

TaxConnex

MAY 6, 2021

In the trendiest sales tax news (aside, of course, from Florida finally passing economic nexus legislation), Connecticut lawmakers have proposed a digital advertising services tax similar, experts say, to one recently enacted in Maryland.

Sales 246

Sales North Carolina Maryland North Dakota 246

TaxConnex

MAY 27, 2021

Alabama, California, Connecticut, Georgia and New York offer a half-dozen or more. Connecticut, Florida (which recently passed economic nexus that will be enacted this summer) and Louisiana accept certificates depending on where the product was packaged and shipped. Idaho and Pennsylvania, for instance, usually require one form.

Sales 243

Sales Tax Connecticut Idaho 243

TaxConnex

APRIL 9, 2024

The products incur sales tax in most states (Massachusetts casts an especially wide net) but are more or less exempt in Connecticut, Florida, Maryland, Michigan, New Jersey, New York, Texas, West Virginia and Wyoming.

Sales 264

Sales West Virginia Tax Virginia 264

CPA Practice

JANUARY 24, 2024

TNS) The IRS announced Monday that tax relief for individuals and businesses in flood-stricken parts of Connecticut would be made available. The IRS would also grant other areas in Connecticut relief, if they are later added to the federally recognizied disaster area. By Vincent Gabrielle, New Haven Register, Conn.

Connecticut 72

Connecticut tax return Tax income tax 72

CPA Practice

FEBRUARY 11, 2025

The top 10 accounting firm said Feb. 11 that the deal to buy CironeFriedberg strengthens its presence in the Northeast, creating "essential connections" between New York and Boston.

Connecticut 93

Connecticut New York accounting firms accounted 93

TaxConnex

NOVEMBER 2, 2021

Labels can also have “drug facts” that would likely trigger tax as a prescription or nonprescription drug (this could exempt the vitamins and supplements from state sales tax in some states like Alabama, Connecticut and Kansas and, in some cases, Oklahoma).

Sales 246

Sales West Virginia Tax Vermont 246

PYMNTS

SEPTEMBER 23, 2020

Like all the towns on the Connecticut shoreline, Guilford is centered around a village green. On its north side stands a picture-postcard, white-steepled church. To the east is another church and spire, this one made of carved granite taken from the local quarries.

Connecticut 72

Connecticut New York Sales Retail 72

TaxConnex

DECEMBER 10, 2020

This is the third time the state has pushed for faster tax remittance since 2015, reports added, and similar proposals have been seen in Connecticut, Nebraska, New York and Puerto Rico. The governor recently introduced a budget for the state’s next fiscal year that includes a plan to require businesses to remit sales tax faster.

Sales 240

Sales Tax Ohio Nebraska 240

PYMNTS

JANUARY 14, 2021

Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. Connecticut’s inquiry is just the latest antitrust probe by several state and federal authorities into how Amazon conducts its business.

Connecticut 69

Connecticut North Carolina Nebraska Iowa 69

TaxConnex

SEPTEMBER 7, 2021

Similarly, Connecticut has a reduced sales tax rate for SaaS when sold to businesses which is a different sales tax rate when sold to consumers. Variation in destination rules Even if you assume that sales tax applies at the destination for all interstate commerce, there are variations.

Texas 237

Texas Connecticut Real Estate Pennsylvania 237

TaxConnex

MARCH 1, 2022

In recent years, Connecticut, Maryland, and California toyed with levying state sales tax on accounting services but found it a tough fight in the face of intense lobbying from accountants’ groups. Several states levy their sales tax or its equivalent on services, among them Hawaii (which has a general excise tax, or GET), and New Mexico.

South Dakota 246

South Dakota Sales West Virginia Tax 246

TaxConnex

JANUARY 7, 2021

Connecticut recently hiked its sales-tax rate from 1% to 6.35% on most digital goods sold to consumers while maintaining the reduced rate of 1% when sold to businesses. Nebraska taxes sales of “content cards” or “digital release cards” that allow purchasers to download specific digital goods if the product is taxable in other circumstances.

North Carolina 246

North Carolina Technology Nebraska Alaska 246

TaxConnex

MARCH 15, 2022

In Connecticut, Republican lawmakers have called for reducing the general sales tax from 6.35% to 5.99%. Though there is no bill yet, a second Pennsylvania lawmaker has called for a two-month break from the state's sales tax this summer, citing inflation.

Sales 246

Sales South Dakota Tax Missouri 246