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Bronin sends level Hartford budget proposal to CT oversight panel
Hartford Mayor Luke Bronin proposed the city’s first budget Monday since the state committed to retire more than $540 million of Hartford’s debt to help it avert bankruptcy. The new $567.3 million budget technically increases spending by 1.4...
Legislature moves minimum wage hike bill forward
A major legislative committee on Tuesday narrowly passed legislation that would raise Connecticut's minimum wage to $15 an hour by 2021. House Bill 5388 would increase the minimum wage from $10.10 to $15 over the next three years, and continue...
IRS provides additional day to file and pay for taxpayers through Wednesday, April 18; IRS processing systems back online
Source: www.irs.gov April 17, 2018   WASHINGTON — The Internal Revenue Service announced today that it is providing taxpayers an additional day to file and pay their taxes following system issues that surfaced early on the April 17 tax...
Newly revised estimated tax form and publication can help people pay the right amount
With tax reform bringing major changes for the year ahead, the Internal Revenue Service today reminded the many self-employed individuals, retirees, investors and others who need to pay their taxes quarterly that the first estimated tax payment...
Aresimowicz asks GOP to drop partisan budget plans
The top Democrat in the House of Representatives asked his Republican counterparts Tuesday to abandon their longstanding practice of issuing a GOP budget this spring. With just under one month left before lawmakers leave the Capitol — most to...
Legislators exempt 2 towns from school-spending requirements
The legislature voted overwhelmingly Wednesday to take a year off from penalizing municipalities that reduce school spending in reaction to cuts in state aid, a change the governor says would affect only two communities. “I don’t get it, to...
DCP sees surge in online credentialing
The vast range of businesses and professionals whose licenses and other credentials are regulated by the state's Department of Consumer Protection are increasingly turning to the internet for their required renewals. DCP said recently that...
Lawmakers still haven’t decided how to tackle CT’s red ink
Gov. Dannel P. Malloy has been warning legislators since early February that their preliminary budget for the upcoming fiscal year is significantly in deficit. The response he got last week from two budget-writing legislative committees was...
A Reunion, a Revolution and a Crossroads for US Manufacturing
Rebounding into a fresh pursuit of American manufacturing is going to be a difficult journey. It will mean grappling with the full realities of today's market; it will mean refreshing our understanding of the industry; it will mean taking a...
Finance Committee Moves To Delay Bond Covenant
The Finance, Revenue, and Bonding Committee approved a bill Thursday that will delay implementation of what many are referring to as the “bond lock.” The 26-25 party line vote, which involved some Democratic members switching their votes...