Aug 23 minConnecticut’s 2024 Budget Bill Extends Corporate Surcharge, Alters PTE Tax, and Reduces...On June 12, 2023, Connecticut Gov. Ned Lamont signed the budget bill (H.B. 6941), which includes three notable tax provisions: (1) an...
Jul 174 minThe Year Ahead in Hospitality: Embracing Opportunities, Mitigating RiskThree years after the onset of the coronavirus pandemic, the hospitality industry, like others, is still recovering. Though 2022 saw some...
Jul 62 minIRS Issues Notice of Proposed Rulemaking for Supervisory Approval of PenaltiesOn April 11, 2023, the U.S. Treasury Department and the IRS issued proposed regulations under IRC Section 6751(b) (REG-121709-19; 88 F.R....