Posted on November 19, 2021
WASHINGTON, D.C. — The U.S. Small Business Administration recently announced updated guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in need, while funding remains available. This federal small business loan program supports small businesses’ recovery from the COVID-19 disaster’s economic impacts by providing accessible and borrower-friendly capital.
- EIDL loan and Targeted Advance applications will be accepted until December 31 and…
Posted on November 5, 2021
The Public Utilities Regulatory Authority (PURA) recently approved (by a vote of 2-1) Eversource’s Settlement Agreement. Chairwoman Marisa Gillett was the sole dissenting vote. A copy of the settlement can be read here (link embedded) and Chairwoman Gillett’s dissenting opinion may be viewed here (link embedded).
The settlement agreement consists of the following elements:
- $65 million in direct bill credits to Eversource customers. The $65 million will be distributed in December and January. The…
Posted on November 3, 2021
Individuals and businesses in the state of Connecticut are now eligible to claim amnesty for back taxes they owe for any tax period ending on or before December 31, 2020.
This program is available from November 1, 2021 to January 31, 2022.
The program provides a 75% reduction in interest and waives penalties and the possibility of criminal prosecution of those who have not filed, under-reported, or have existing liabilities related to taxes owed.
The following situations are covered under CT’s Tax…
