Home Office Deductions: A Refresher on the Rules

Home Office Deductions: A Refresher on the Rules The Internal Revenue Code (IRC) allows taxpayers to claim a business deduction for expenses arising from the qualified use of all or part of a residence, as long as certain conditions are met. This deduction can be a particularly attractive tax planning tool for those who meetContinue reading “Home Office Deductions: A Refresher on the Rules”

Connecticut Compliance Change (CT Public Act 19-25) Updates

On January 1, 2021, the Medical Law takes effect in Connecticut. The State Administered Insurance Program allows eligible employees to receive partial wages when they have medical or any other emergencies as part of Paid Family and Medical Leave[1]. The program endowment will be made from the employee’s contribution, not their employer. As of January 1, 2022, eligible employees with a full working year contribution may request claims for the State wage benefits.