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Budget Vote Expected Early Next Week

June 01, 2023

After weeks of negotiations, state policymakers have reached a two-year budget deal which legislators are expected to approve early next week, Gov. Ned Lamont told reporters after a Thursday press conference.

  • advocacy - state

With 7 days left in legislative session, many bills are destined to die

May 31, 2023

Power shifts from Democratic majority to GOP minority, which can kill bills by extended debates

  • advocacy - state

Connecticut Faces Impending Teacher Exodus as Legislative Session Closes

May 30, 2023

Connecticut Education Association President Kate Dias is concerned the urgency of tangible action regarding a teacher shortage is beginning to fade as the legislative session winds down.

  • advocacy - state

Shifting property tax burdens provide businesses, commercial landlords some relief, leave homeowners to pay more

May 29, 2023

East Hartford Mayor Michael Walsh heard many concerns from businesses and residents during his town’s state-mandated property tax revaluation in 2021.

  • advocacy - state

Connecticut Joins Other States in Absolving Women and Men Convicted of Witchcraft

May 26, 2023

Connecticut’s Senate voted overwhelmingly on Thursday to absolve the women and men who were convicted and the 11 who were executed on witchcraft charges in the 17th century when the state was a British colony.

  • advocacy - state

Governor Lamont Reminds Residents That Connecticut's Minimum Wage Is Scheduled To Increase on June 1

May 25, 2023

Governor Ned Lamont is reminding Connecticut residents that the state’s minimum wage will increase from the current rate of $14.00 per hour to $15.00 per hour beginning Thursday, June 1, 2023.

  • advocacy - state

Massachusetts Taxpayers Association: Can Massachusetts overcome its cost and demographic headwinds to compete for talent?

May 22, 2023

Massachusetts is facing similar cost and demographic challenges as Connecticut is; this report presents a number of charts delineating some of these issues.

  • advocacy - state

How Connecticut changed during COVID, in 10 charts

May 21, 2023

On May 10, exactly three years and two months after Gov. Ned Lamont declared a public health emergency in response to the COVID-19 pandemic, he declared it over.

  • business and industry
  • coronavirus
  • practice management
  • advocacy - state

House Approves Reducing Prison Sentences For Cannabis Possession

May 19, 2023

Inmates serving time for cannabis possession could soon be able to get their sentences reduced thanks to a bill that passed the House of Representatives Thursday.

  • advocacy - state

CT budget deal approaches, but the bottom line is blurry

May 18, 2023

Those unsatisfied with the next state budget should remember it features a built-in cushion topping $300 million, which could be tapped if approved spending proves to be too lean, House Speaker Matt Ritter, D-Hartford, said Thursday.

  • advocacy - state

Senate Passes Paid Sick Days Expansion

May 18, 2023

The Senate voted Thursday to expand Connecticut’s 2011 paid sick day law to employees of smaller businesses by eliminating a provision of the current law which exempted employers with fewer than 50 workers.

  • advocacy - state

MyCTSavings Registration Deadline Extended

May 03, 2023

If you own a business with 5 or more employees and do not offer a qualified retirement savings plan, state law requires that you provide a retirement savings option. Initial registration deadlines have passed, but you can still take action by August 31, 2023. Employers can register with MyCTSavings at no cost to the business, or provide a private retirement plan to comply with the law. Learn more and register at https://myctsavings.com/employers/program-details.

  • business and industry
  • advocacy - state

NASBA Extends CPA Exam Testing Window to 30 Months

April 24, 2023

In response to feedback submitted through the exposure draft, NASBA has announced that it will adopt an increased testing window of 30 months.

  • accounting and auditing
  • business and industry
  • career resources
  • practice management
  • advocacy - state
  • advocacy - federal

Cannabis Concerns Grow With Recreational Sales Set To Start Next Month

December 19, 2022

Some members of Connecticut’s medical marijuana community are concerned about the recreational market with sales expected to start on Jan. 10, 2023. They are also concerned about the mold threshold allowed under Connecticut law.

  • advocacy - state

CT leaders mull special session for essential worker relief, gas tax

September 29, 2022

Legislative leaders are considering calling a special session after the November election

  • business and industry
  • state tax
  • advocacy - state

‘Hero Pay' System Expected To Be Up And Running By End of Week

August 11, 2022

The crush of 30,000 applications for a $30 million program to compensate Connecticut workers who couldn’t work from home at the beginning of the pandemic is expected to be fully functional by the end of the week.

  • business and industry
  • career resources
  • advocacy - state

New Record Retention Requirements for Connecticut CPAs

August 18, 2021

The bill requires CPAs to keep work product and workpaper related to work for a client for at least seven years after creation unless the law requires a longer retention. Current law only specifies that CPAs must retain workpaper as required by law.

  • accounting and auditing
  • practice management
  • advocacy - state

Professional services tax proposals discussed in multiple states

June 21, 2021

Taxation of CPA services was a hot topic in several state legislatures this year as states sought to fix expected revenue shortfalls.

  • advocacy - state
  • advocacy - federal

Senate Democrats Call For Expanding Connecticut's Paid Sick Leave Law

February 02, 0024

Senate Democrats are once again hoping to expand the state’s paid sick leave program to cover more workers during the upcoming legislative session.

  • advocacy - state