New Tax Laws

Publication 5318, Tax Reform: What’s New for Your Business, is a 12-page electronic document. Pub. 5318 provides a general overview of many of the Tax Cuts and Jobs Act (TCJA) changes enacted in December 2017 that impact business taxes.

Publication 5318 includes sections on:

  • Qualified Business Income Deduction 
  • Depreciation
  • Business related losses
  • Business related exclusions and deductions 
  • Business credits 
  • S corporations 
  • Farm provisions 
  • Miscellaneous provisions

Governor’s Council on Women and Girls

Diane Nadeau, President & CEO of The Chamber of Commerce, Windham Region, was invited to participate in the Governor’s Council on Women & Girls.  Their first meeting was Friday, March 8 at the capitol.  Governor Ned Lamont and Lt. Governor Susan Bysiewicz, Committee Chair, were present as well as members of the State Legislature and Heads of State Agencies.  The council will be focusing on four priorities:  education and STEM, economic opportunity and workforce equity, leadership roles and health and safety of women and girls.  The Chamber’s Womens Council will continue to be represented throughout the meetings.

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Advocacy: “FORGOTTEN CORNER DAY”

The Chamber of Commerce, Windham Region, United Services, Inc., and several other members of our Eastern CT Health & Wellness Council, held a “Forgotten Corner Day” at the state Capitol Building to rally for an end to mental health funding disparities in the State.  The event was organized by NEAR, a collaboration of Northeast Connecticut health and human service advocates, and United Services, Inc., the region’s Local Mental Health Authority & Child Guidance Clinic.  The purpose was to draw attention to funding  inequities that limit access in northeastern Connecticut to critical behavioral health services available in other parts of the state.  Legislation, including a bill to create a “Forgotten Corner Task Force,” has been introduced to require the state to assess and address state funding disparities & ensure access to local community-based

Attendees of a luncheon reception with members of Northeast Connecticut’s General Assembly Delegation all received 1/6th of a pizza as a reminder that residents of Northeast Connecticut only receive 1/6th the funding of other regions of the state, and do not have equal access to certain so-called “statewide” programs and services unavailable to Windham County residents.  Representatives Tim Ackert and Pat Wilson Pheanious were present to stress the importance of our region receiving equal funding to care for our residents.

 

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