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Connecticut Department of Revenue Services Issues Further Guidance on Connecticut Pass-Through Entity Tax

USA - June 14 2018 On June 6, 2018, the Connecticut Department of Revenue Services (the “DRS”) issued Special Notice 2018(4) titled “Guidance on 2018 Estimated Payments…

Legislative Changes to the Connecticut Income Tax

USA - May 16 2018 On May 9, 2018, the Connecticut legislature unanimously passed the "Act Concerning Connecticut's Response to Federal Tax Reform" (the "Act"). The Act…

Compliance with New Partnership Audit Rules May Require Amendments to Partnership/LLC Agreements

USA - April 25 2018 New partnership audit rules (the "New Rules") became effective for tax years beginning on or after January 1, 2018. These rules, which are designed to…

How Physicians Can Plan For The New 20% Deduction For Qualified Business Income From Pass Through Entities

USA - February 13 2018 On December 22, 2017, President Trump signed the "Tax Cuts and Jobs Act" into law. Effective as of January 1, 2018, the Act represents the most…