Connecticut - E-file seminars this Fall
Tax preparers who prepared 200 or more 2003 Connecticut individual income tax returns must electronically file 2004 individual income tax returns. To prepare practitioners for the e-file season, the IRS and DRS) are offering free seminars this Fall at several locations statewide.

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...back to 30 September 2004


Further information:
www.ct.gov/drs/cwp/view.asp?a=1433&q=277566

Connecticut - Tax relief for hurricane victims
Connecticut will follow guidelines established by the IRS to provide special tax relief for taxpayers located in the counties declared federal Disaster Areas because of this year's hurricanes. Affected taxpayers include businesses and individuals located in the Disaster Areas; those taxpayers whose tax records are located in the Disaster Areas; and relief workers. Affected taxpayers have until December 30, 2004, to file Connecticut tax returns and submit any payments due to the DRS. This includes all returns, return payments, and estimated payments that have either an original or extended due date from September 3, 2004 through December 30, 2004. To qualify for this relief, affected taxpayers must write "Hurricane Relief" at the top of their Connecticut tax return when filed.

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...back to 30 September 2004


Further information:
www.ct.gov/drs/cwp/view.asp?a=1436&Q=284672

Connecticut - Mandatory electronic filing for tax preparers
A pending regulation will require return preparers who prepared 200 or more 2003 Connecticut individual income tax returns (CT-1040, CT-1040EZ and CT-1040NR/PY) to file 2004 Connecticut individual income tax returns electronically using the Federal/State Electronic Filing Program (e-file).

The same regulation will require return preparers who prepare 100 or more 2004 Connecticut income tax returns to file 2005 Connecticut income tax returns electronically, and return preparers who prepare 50 or more 2005 Connecticut income tax return to file 2006 Connecticut income tax returns electronically. This requirement is part of a nationwide initiative to increase participation in electronic filing.

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...back to 2 September 2004


Further information:
www.ct.gov/drs/cwp/view.asp?Q=276548&A=1433

Connecticut - Federal/State Employment Taxes (FSET)
The DRS is promoting FSET, the program to encourage the development of commercial software applications for the single point electronic transmission of employer quarterly tax and wage reports that satisfy both state and federal obligations. The website answers FAQs about the program and lists the software vendors that can file Connecticut withholding returns.

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...back to 5 August 2004


Further information:
www.ct.gov/drs/cwp/view.asp?Q=276708&A=1436

Connecticut - Withholding tax - changes to remittance rules
Changes have been announced that affect the remittance of withholding taxes to the Commissioner from January 1, 2005. Each employer is either a weekly, monthly or quarterly remitter during a particular calendar year, based on the employer's reported liability in the 12 months up to June 30 in the preceding tax year. If the employer's reported liability was

• more than $10,000, the employer is a weekly remitter
• more than $2,000 but less than $10,000, the employer is a monthly remitter
• $2,000 or less, the employer is a quarterly remitter.

Tax withheld must be paid over

• by weekly remitters, by the Wednesday following the week (Saturday to Friday) in which the tax was withheld
• by monthly remitters, by the 15th of the month following the calendar month in which the tax was withheld
• by quarterly remitters, by the end of the month following the quarter (ending March, June, September and December) in which the tax was withheld.

Employers required to pay by EFT have an extra day to pay.

Further information, including the rules for seasonal employers, is available at the link below.

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...back to 22 July 2004


Further information:
www.ct.gov/drs/cwp/view.asp?a=1463&q=276368

Connecticut
The Department of Revenue Services has published a new edition of Publication IP 2004(8), Connecticut Employer's Tax Guide Circular CT, effective January 1, 2004. It contains full current guidance on state income tax withholding.

Further information:
www.ct.gov/drs/cwp/view.asp?Q=272230&A=1510
...back to 11 March 2004

Connecticut
The DRS has published new guidance on income tax withholding for athletes and entertainers.

Further information:
www.ct.gov/drs/cwp/view.asp?A=1529&Q=271422
...back to 5 February 2004

Connecticut
Newly posted on the Department of Revenue Services website is publication IP2003(35) A Guide to Calculating Your Annualized Estimated Income Tax Installments. This is an alternate method for calculating installments of estimated Connecticut income tax for taxpayers whose income is not received evenly throughout the year.

Further information:
www.drs.state.ct.us/pubs/IP's/2003/IP03(35).pdf
...back to 22 January 2004

Connecticut
The following items have been added to the website of the state Department of Revenue Services:

• for employees, publication IP2004(1) Is My Connecticut Withholding Correct?
• publication SN2003(21) 2003 Legislation Affecting the Connecticut Income Tax
• Withholding tables and calculation rules, effective January 1, 2004

Some of the changes affecting tax returns are new rules on rounding, an increase in the highest marginal rate of income tax to 5%, and increases in the alternative minimum tax rates.

Further information:
www.drs.state.ct.us/pubs/IP's/2004/ip04-1.html
www.drs.state.ct.us/pubs/SN's/2003/sn03-21.htm
www.drs.state.ct.us/formlib/2004Withholding/2004WHTables.pdf
...back to 8 January 2004

Connecticut
The new range of income tax-related forms and publications are available.

Further information:
www.drs.state.ct.us/pubs/newindx.html#TAXNEWS
...back to 4 December 2003