If you live in Connecticut but work in New York, you end up paying income taxes in New York and receiving a credit from the state of Connecticut, known as the convenience rule. But what…
Barring another extension of Gov. Ned Lamont's executive order, Connecticut’s 10 cent tax on single-use plastic grocery bags will return on Wednesday, July 1. Lamont initially suspended the plastic bag tax until May 15 in…
The Connecticut Department of Revenue Services paid more than $12 million in interest for tax refunds totaling nearly $5 billion because they withheld some refunds for upwards of seven years, according to a new audit.…
The Connecticut Office of Policy and Management is searching for a vendor who could analyze and model a complicated new taxation strategy that would replace part of the income tax with a payroll tax. If…
“Raising taxes in response to this economic downturn ignores twelve years of Connecticut’s economic and fiscal history – and will only chop any chance of recovery off at the knees. Connecticut now has an opportunity…
**UPDATE: Gov. Lamont issued an executive order at approximately 8:30 p.m. on May 13 extending the suspension of the plastic bag tax until June 30. Executive Order 7NN can be viewed here. Yankee's original article…
On an April 22 conference call with municipal leaders in the Capital Region Council of Governments, Connecticut Sen. Richard Blumenthal said “at some time, we will have to face the need to tighten our belts”…
CT Voices for Children, a public policy organization based in New Haven, released the first in a series of recommendations for mitigating the economic recession caused by the COVID-19 pandemic. Their recommendations included increasing the…
“Calls for raising Connecticut taxes and increasing the size of state government ignore twelve years of Connecticut’s economic and fiscal history. We have seen three major tax increases – including raising taxes on the wealthy…
With the increasing number of Connecticut residents testing positive for COVID-19, legislative leaders have decided to postpone the 2020 legislative session until April 20th. We hear legislative leaders have been communicating daily with their respective…
