Posted on September 30, 2022 by jshugarts
As we enter autumn, there are also new laws that will go into effect on Oct. 1 that could have an impact on you, your business, or our community.
A full list of those laws that take effect on Oct. 1, along with summaries, can be accessed here.
A summary of some of the major changes include:
Account Closure Notices – A new law requires Connecticut-chartered banks and credit unions to tell account holders why their deposit accounts (e.g., personal checking or savings accounts) are being closed. Among…
Posted on September 13, 2022 by jshugarts
HARTFORD – In response to a reported uptick in fraudulent claims benefits that have been processed through the Department of Labor (DOL), Rep. Rebimbas is increasing awareness to this threat and providing resources so you can protect yourself, or your business, against criminals looking to steal your personal information.
Reducing Fraudulent DOL Benefit Claims
The uptick in fraudulent benefit claims is alarming. According to reports, businesses have notified the Connecticut Business Industry Association…
Posted on August 18, 2022 by jshugarts
HARTFORD – Just in time for the beginning of the school year, starting Sunday, Aug. 21, and continuing through Aug. 27 the state’s 6.35% sales tax on clothing and footwear will be dropped for purchases that are less than $100.
There’s no doubt we could all use a break from Connecticut’s taxes! Jewelry, handbags, luggage, umbrellas, watches and similar items are not included. More information and a complete list of items that are exempt can be found here: portal.ct.gov/DRS/Sales-Tax/Sales-Tax-Free-Week