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Connecticut Enacts Paid Family & Medical Leave Law Effective January 1, 2021

Posted in Small Business, Tax News on December 3, 2020

On June 25, 2019, the State of Connecticut enacted the Paid Family and Medical Leave Authority, which created a comprehensive paid family and medical leave insurance program in Connecticut.   The paid leave benefit will be funded by a 0.5…

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NOW OPEN: New Grant Money for CT Small Businesses

Posted in Small Business, Tax News on November 13, 2020

As of Thursday, November 12th at 8:00pm, grant application NOW open.    CT GOVERNOR LAMONT CREATES NEW GRANT FOR CT BUSINESSES STILL AFFECTED BY COVID   Governor Ned Lamont today announced that he is creating the Connecticut CARES Small Business…

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The SBA & TD release simplified loan forgiveness application

Posted in Small Business, Tax News on October 28, 2020

The Small Business Administration (SBA) and Treasury Department (TD) Announce Total Forgiveness for All PPP Loans of $50,000 or Less   There is NOW an easy loan forgiveness application for all Paycheck Protection Program (PPP) loans of $50,000 or less.…

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CT Self-Employed Clients Can File for Unemployment

Posted in Small Business, Tax News on May 1, 2020

Connecticut self-employed persons who are unemployed due to Coronavirus can now apply for Unemployment Compensation benefits through the Connecticut Department of Labor. Although telephone assistance is not available at this time, the CT DOL website (link below) has videos, forms and much…

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CT DRS Announces Requirement for CT Businesses Starting May 2020

Posted in Small Business, Tax News on January 16, 2020

The Connecticut Department of Revenue Services (DRS) announced on its website on January 13, 2020 that it is transitioning to a new online portal, myconneCT, for filing and paying various taxes. The new online portal is one part of a…

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