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The Latest News

Connecticut Suspends Tax on Single-Use Bags
Governor Lamont’s Executive Order No. 7N temporarily suspends certain state statutes in order to suspend any tax on single-use plastic checkout bags at grocery stores and other retail businesses. Read more about the order , which...
Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed
This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.
Department of Revenue Services extends filing and payment deadlines for personal income tax returns to July 15, 2020
At the direction of Governor Ned Lamont, the Connecticut Department of Revenue Services (DRS) is extending the filing and payment deadline for personal income tax returns 90 days, to July 15, 2020. The extension also applies to Connecticut...
US tax filing deadline moved to July 15, Mnuchin says
Americans will have an additional three months to file their taxes amid the coronavirus pandemic, the US treasury secretary said on Friday.
Crumbling Foundations Technicalities for the Tax Practitioner
According The Daily Campus , “Upwards of 35,000 homeowners in Connecticut, primarily in the northeast corner, face the potential of having crumbling foundations.” The damage is caused by the mineral pyrrhotite, whose chemical...
Current: Effective Immediately DRS Extends Filing Deadline for Certain Annual State Business Tax Returns
The Connecticut Department of Revenue Services (DRS) is using their statutory authority to grant an automatic extension of Connecticut filing deadlines for certain annual tax returns in order to support businesses during the COVID-19 outbreak...
DRS extends filing deadline for certain annual state business tax returns
Consistent with the emergency declarations signed by Governor Lamont, the Connecticut Department of Revenue Services (DRS) is granting an automatic extension of Connecticut filing deadlines for certain annual state tax returns as a result of the...
Bill aims to expand state historic credit program
State lawmakers on Wednesday will discuss new legislation that would significantly increase the amount of historic tax credits state economic development officials could doll out in a fiscal year. House Bill No. 5468 seeks to increase the...
Bonnie Stewart: CPA exam, accounting profession prepare for change
The Hartford Business Journal talks to Bonnie Stewart, the executive director of the Connecticut Society of Certified Public Accountants, about the many changes impacting the accounting industry.
After one alarming tax fairness study, CT is wary of launching a second
After hearing countless stories about how harshly Connecticut taxes its poor, state officials in 2013 committed to regularly conducting a fairness test. But after a report the following year showed Connecticut’s poorest residents face four...

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Complimentary Programs and Committee Meetings

RESCHEDULED DATE: Conference Call with DRS Commissioner - 3/30/2020 -
THIS IS THE NEW DATE FOR THE DRS CONFERENCE CALL. Due to the constantly changing guidance landscape, DRS has requested we move the date of the...

Continuing Professional Development