Connecticut Audit, Tax and Consulting Offices

Connecticut Insights

Connecticut estimated payment guidance on pass-through entity tax

Due to recent legislation, pass-through entities are now required to make estimated tax payments throughout the course of the tax year.

Connecticut responds to the Tax Cuts and Jobs Act

State tax reform package includes two workarounds to the state and local tax deduction limitation; decouples from TCJA provisions.

Connecticut releases notice on single-sales factor and market sourcing

Department of Revenue Services provides guidance on recent legislative apportionment changes to the state business tax and income tax.

State tax credits bring opportunity to growing businesses

Businesses expanding or increasing activity in their current state or in new states should consider the benefits of state tax credits.

Connecticut enacts market-based sourcing bill

Connecticut enacts bills to implement market-based sourcing and unified apportionment methodology.

Connecticut adopts significant tax changes in biennial budget

Connecticut Gov. Daniel Malloy signs the state’s biennial budget and an implementer bill that revised numerous tax changes.

Connecticut use tax penalties

Connecticut classifies use tax noncompliance as a felony, creating potential for serious repercussions for taxpayers and tax preparers alike.