tax law

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CT reaches new philanthropic high, but fewer residents are giving

Connecticut residents donated an all-time high of $5 billion to charity in 2015, according to a recent report from the Connecticut Council for Philanthropy. In-state foundations gave $1.2 billion in donations while the remaining $3.8 billion came from independent individuals and their families, the council said. Continue Reading →

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CT joins other ‘blue’ states in looking to skirt new tax law

WASHINGTON – “Blue” states like Connecticut that say they were targeted in the GOP’s federal tax overhaul are looking for ways to protect their residents from the negative impact of the new cap on the deductibility of state and local taxes. Continue Reading →

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