Current Developments in CT/NJ Taxation
(TAX CPE) (CFP TP-F42) (CLE)
Alan J. Preis, CPA, P.C. and Louis Schatz, Esq.
This seminar will review recent Connecticut tax developments, including legislative, judicial, and administrative changes. Particular emphasis will be placed on recent changes to Connecticut's new pass-through entity tax, an update of Connecticut’s legislative responses to the Federal Tax Cut and Jobs Act, as well as changes to the Connecticut sales tax laws following the Supreme Court’s decision in Wayfair.
NJ discussion will include; current developments in NJ corporation business tax, sales and use tax and personal income with specific attention to: New 2019 corporate combined reporting; new 2019 corporate market sourcing for receipts from services (including CPA corporations); proposed NJ legislation requiring federal/state conformity for S corps.; proposed 2020 NJ initiative for streamlined dissolution of corporations and streamlined reinstatement of corporations with voided charters; NJ Wayfair adoption-11/1/18 effective date.