Connecticut Adopts a Budget
The recently enacted Connecticut biennial budget for fiscal years 2024 and 2025 makes the pass-through entity tax (PTET) optional and decreases the state’s two lowest personal income tax rates.
Safeguards for Deposits in Public Banking Institutions
The custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover deposits or will not be able to recover collateral securities that are in the possession of an outside party.
Cyber Roundup – June 2023
Cybersecurity is not an expense; it is a necessary investment an investment in the continued operations of your company and the trust of those who may rely on you.
DOJ Rolls Out New White Collar Crime Database
The latest effort by the Department of Justice (DOJ) in their stepped up battle against white collar crime involves the release of a new Corporate Crime Database.
New EU Regulations: Shaping the Future of the Crypto Currency Market
The European Council recently passed a comprehensive package of rules, entitled The Markets in Crypto Assets (MiCA), to regulate the crypto sector.
State Tax Implications for Purchasing, Renting or Moving to a New Home
Are you considering purchasing or renting a home in a new state as a second home or “moving” to another state?
Potential Changes Coming to Affordable Housing Legislation
A bipartisan group in Congress has introduced the Affordable Housing Credit Improvement Act of 2023 (AHCIA) to address the shortage of affordable housing.
The Power and Pitfalls of Multifactor Authentication: How to Safeguard your Business
The greatest weakness of a password by itself is that once obtained, no other mechanism exists to stop its usage.
Cyber Roundup – May 2023
Artificial intelligence (AI) incidents are now being reported. There is no slowdown to cyber criminality, including selling scams online. Learn more.
Inflation, the Economy and Clubs – Oh My
To weather possible economic downturn, clubs must actively work to retain the growth in membership, while also managing cash and reserve funds.
2022 Plan Year Reporting for Employee Benefit Plans
This Alert is intended to provide both an update and a reminder of the reporting requirements and due dates for certain employee benefit plans.
Estimated Tax Payment Considerations for Private Foundations
The basics of the Form 2220. We provide additional information for private foundations on their estimated tax payments.