Understanding Connecticut's New Pass-Through Entity Tax

Public Act 18-49 was signed into law by Governor Dannel Malloy on May 31, 2018 and fundamentally changes how Connecticut taxes income earned by partnerships and S corporations, including LLCs treated as partnerships and S corporations for federal income tax purposes (referred to as "pass-through entities". This change, applicable to tax years beginning January 1, 2018, has left tax preparers scrambling for implementation guidance. Learn from members of the CTCPA State Tax Committee and the Connecticut Department of Revenue Services about this new legislation in this 2-hour session that was recorded on August 28, 2018. The session focuses on the practical implications of the new tax on your clients, including a review of the administrative guidance issued by the Connecticut Department of Revenue Services and potential planning opportunities. Our expert panel includes Alan Lieberman, Tony Switajewski, Patrick Duffany, and Matthew Dayton.

120 Minutes