After $1.1B CT Tax Measure, Penalties Waived for Late Filers

Pullman & Comley was mentioned in an article about the fact that Connecticut's tax collector is notifying nearly 10,000 business owners that they are eligible for waivers on penalties, which were assessed after they were late submitting estimated taxes for a new “pass-through entity” filing option the state established last year as a workaround to help some limit the impact of changes in federal tax law.

According to Tax attorneys in Pullman & Comley, “The timing of the ... enactment, and its retroactive application, created confusion for pass-through entities, particularly regarding when estimated tax payments were due and the amount owed.” 

To read the Pullman & Comley Law Alert on this topic, please click here.