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Export Funding Available for Connecticut Small Businesses
Big news for small-business owners! If your business engages in export-related activities, you can apply for grants of up to $7,000 through the State of Connecticut Department of Economic and Community Development (DECD).
ACA Executive Order and Current Tax Filing Season
The IRS is currently reviewing the Jan. 20, 2017, executive order to determine the implications. Taxpayers should continue to file their tax returns as they normally would. The instruction for individual taxpayers involving the Affordable Care...
IRS Making Strides in Detecting Fraudulent Tax Returns
The IRS has improved its identification of fraudulent tax returns that involve identity theft, but the agency needs to be more accurate in its identity theft estimates, according to a new report  from the Treasury Inspector General for Tax...
Is the Honeymoon Over at Work?
For many professionals, that first year in a new job can be a "honeymoon period," full of new and exciting challenges. But a recent study from Robert Half  and Happiness Works shows that professionals with between one and two years on the job are...
Connecticut Office of Fiscal Analysis Releases Synopsis of Governor’s Budget Plan
This synopsis highlights major areas of interest in the Governor’s budget, revenue, and capital plan for the committees of Appropriations and Finance, Revenue and Bonding as background for the Office of Policy and Management presentation.
Gov. Malloy Introduces Budget Proposal Focused on Making State Economy More Predictable and More Sustainable
On February 8, 2017, Governor Malloy unveiled his fiscal year 2018-2019 budget, which calls for "a two-year budget that does not make adjustments to any major tax rates, stays within the spending cap, and grows at a pace well below inflation."
Malloy Budget Assumes $1.56B In Labor Savings
Governor Malloy's budget relies on spending below the spending cap, spending reductions - and an assumed $1.56 billion in labor concessions over two years. The first year of the budget assumes $700 million in savings - or the equivalent of a 10...
Malloy’s New Budget Relies on Nearly $200M in Tax Hikes
While Governor Malloy did not touch upon taxes in his budget address, a look at the complete budgets reveals a nearly $200 million tax hike. The largest tax increase in the budget includes eliminating the $200 property tax credit for middle class...
See How Your Town Fares in the Governor’s Proposed Budget
Eleven lower-income communities stand to gain more than $10 million each in educational aid if Governor Malloy's budget is accepted as it stands - but 137 communities will lose aid in that case. How will your town fare? Use the Connecticut...
Governor Dannel P. Malloy's Fiscal Year 2018 - 2019 Biennial Budget Address
On February 8, 2017, Governor Dannel Malloy made his Fiscal Year 2018-2019 Budget Address - an address that focused heavily on a new focus on achieving success not only for Connecticut residents, but for cities and towns. "For too long," Malloy...