TaxConnex

JULY 15, 2025

Digital products” are generally taxable in Alabama, Connecticut, Idaho, Iowa, Kentucky, Louisiana, Minnesota, Mississippi, Nebraska, North Carolina, Ohio, Utah, Vermont, Wisconsin and Wyoming.

Sales

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

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

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

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

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

Accounting Today

JULY 28, 2025

Probably the same thing that everybodys seeing," he said when asked about the biggest challenge facing the Glastonbury, Connecticut-based firm. James Mahoney, CEO MahoneySabol, agreed that talent remains a professionwide issue, both in numbers and changing demographics. Its just just a lack of, really, of talent.

Technology

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

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

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

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

Accounting Today

JULY 25, 2025

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan. 1, 2026.

Rhode Island

Accounting Today

JUNE 9, 2025

You had a lot of Republicans from the high tax states, New York, New Jersey, Connecticut, Illinois, California. We know New York, but, Neil Fishman (17:57): But the big thing was Dan Hood (17:58): New Jersey, Illinois, California all have Neil Fishman (18:01): Similar places.

Washington

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

Accounting Today

JULY 21, 2025

Mahoney Sabol also credits its growth to M&A, though the Glastonbury, Connecticut-based firm also has the edge in market differentiation, according to co-founder and managing partner James Mahoney. But really the key thing for us is in this market — were in central Connecticut — theres so much consolidation in the industry.

Technology

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

CPA Practice

DECEMBER 2, 2024

Wesleyan University has the second largest endowment in Connecticut, with a balance of $1.55 Other Connecticut schools such as Trinity College and the University of Connecticut don’t have as high a risk as being subject to the endowment tax currently, but that could also change in Trump’s second term. billion as of June 2023.

Tax

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

ThomsonReuters

JULY 22, 2025

Connecticut’s course correction on EWA But not all state-level efforts have been welcomed either. Tuer pointed to Connecticut’s 2024 law as an example of overreach. “Connecticut rolled out legislation…that effectively precluded our ability to operate,” he said.

Connecticut

Accounting Today

AUGUST 4, 2025

Bland & Associates managing partner Jeremy Vokt Jesse Sutton Meanwhile, the wave of baby boomer retirements is being felt at Glastonbury, Connecticut-based MahoneySabol. But how do you find another five or 10 manager-level people, a five-year person, whatever that looks like, that would allow us to grow even more."

Technology

Accounting Today

JULY 31, 2025

Glastonbury, Connecticut: Ernesto Rodriguez Jr., formerly of East Hartford, Connecticut, and currently residing in Tampa, Florida, has pleaded guilty to a charge related to his theft of a U.S. Pellegrini, who previously pleaded guilty, was ordered to pay $439,972.60 He was also ordered to a term of supervised release.

Tax

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

Going Concern

AUGUST 8, 2025

Over Accounting Advice [ CU Today ] A Connecticut trial court judge has ruled that Whittlesey PC—the state’s largest accounting firm—must face a lawsuit brought by the former CEO of Sound Federal Credit Union, who claims he was fired for following the firm’s accounting advice regarding a $1.2 Law & Order Whittlesey On The Hook?

CPA

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

Accounting Insight

AUGUST 11, 2025

Dies is based in Connecticut in the US and will be travelling extensively to the UK as part of his new role. Before joining Pitney Bowes, Jason spent 20 years at IBM where he held leadership roles across diverse business units including services, hardware, client relationship management, marketing, and business partner organisations.

Connecticut

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

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

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

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

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

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

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

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

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

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

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

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