The April 15 due date for paying estimated taxes remains for the first quarter of 2021.
The April 15 due date for paying estimated taxes remains for the first quarter of 2021. Read More
The April 15 due date for paying estimated taxes remains for the first quarter of 2021. Read More
IRS extends the deadline for filing individual tax returns to May 17, 2021 Read More
IRS pushes back the start of the new filing season as the agency keeps working through 2019 returns. The agency has pushed back the start of filing to Feb. 12 for returns for the tax year 2020. Click the link below to read the entire article. https://digitaledition.courant.com/infinity/article_share.aspx?guid=cc3143d9-1fc8-48b1-ae5d-a776753a600a
Second Draw Loan applications will begin on January 11, 2021 from community financial institutions for at least the first two days of the reopening of the PPP loan portal. click here
On June 25, 2019, Connecticut passed legislation to create a comprehensive paid family and medical leave insurance program funded by employees and voluntary self-enrolled participants. The collection of wage deductions must begin on January 1, 2021. Payment of benefits to eligible employees will begin on January 1, 2022.
New legislation clarifies the tax implications for forgiven PPP loans and the associated expenses. read more…
Information on PPP Loan Forgiveness Changes, Relaxing Some Requirements
Information on New Employer Tax Credits for Employee Retention in 2020
During this challenging time, Eversource is committed to providing programs and resources to lessen the financial hardship on small businesses – the backbone of our communities. If you need support, Eversource can help: We’re offering a special, extended payment arrangement for any past-due amount, with $0 down payment, 12 months to pay, and the first … Read more
Today, the Connecticut Department of Labor began accepting claim applications for the self-employed, many who are eligible to collect unemployment insurance benefits under the federal Pandemic Unemployment Assistance (PUA) program. “Our agency is proud of the work it has accomplished in order to serve the self-employed – individuals who have not been eligible to apply … Read more