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State of Connecticut 2011 Income Tax Increase

Posted in Tax News on August 11, 2011

The State of Connecticut recently increased the state income tax rates.  Oh, and they made them retroactive to the beginning of 2011.  Don’t you Connecticut income taxpayers just love this?

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Important Connecticut Witholding Tax Information for Employers

Posted in Tax News on May 19, 2011

Recently enacted legislation makes significant changes to Section 12-700(a) of the General Statutes retroactive to January 1, 2011. Employers and taxpayers need to perform catch-up withholding for the current tax year.  The following is a brief overview of the changes…

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Four Reasons to Review Your Withholding and Estimated Tax Payments Now

Posted in Tax News on August 6, 2010

The first half of the year is in the books.  It’s time to take a look at your withholding and estimated tax payments.  Why is this important?  To avoid any potential penalty for underpayment of estimated taxes. 

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