Lamont last summer has been described as the largest income tax cut in the state’s history. The new Connecticut tax law reduces tax rates for middle-income families, increases the state’s earned income tax credit, and expands pension benefits for older adults. Income tax cuts in Connecticut...
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(e) Determination of Income or Loss: Excess Contributions shall be adjusted for any income or loss for the Plan Year. The income or loss allocable to Excess Contributions is the income or loss allocable to the Participant's Pre-Tax Account for the Plan Year multiplied by a fraction, the ...
These numbers go some way to explaining why the industry is facing such intense scrutiny. Local lawmakers need to find new sources of income to alleviate the state's budget crisis created by years of overspending and an over reliance on tax dollars from the finance sector. Connecticut has raise...
Accountants CPA Hartford Connecticut: William Brighenti, Certified Public Accountant, Certified QuickBooks ProAdvisor, Business Valuation Analyst, is an accounting, bookkeeping, tax, and QuickBooks consulting services firm located in Berlin, Connecticut,