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Rising health care costs weigh on CT small businesses and nonprofits

Many small businesses and nonprofits in Connecticut face a similar conundrum, weighing the solvency of their business against how generous they’d like to be with employee health benefits.

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Connecticut small businesses face tax increases to repay unemployment insurance debt from pandemic They re asking for help – Hartford Courant

With just three weeks left to the legislative session, businesses and their allies are stepping up their lobbying.

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UPDATE: Lamont Asks Federal Government To Convert Unemployment Loans To Grants

UPDATE: Lamont Asks Federal Government To Convert Unemployment Loans To Grants
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CT businesses ask state to pay about $1 billion owed in unemployment taxes

CT businesses ask state to pay about $1 billion owed in unemployment taxes Keith M. Phaneuf, ctmirror.org FacebookTwitterEmail Chris DiPentima speaks at the 2019 annual meeting of the Connecticut Business & Industry Association, with CBIA naming DiPentima CEO with the August 2020 retirement of Joe Brennan. (Photo courtesy CBIAAlan Grant Connecticut’s businesses on Wednesday called on the General Assembly and Gov. Ned Lamont to use federal coronavirus relief funds to spare firms as much as $1 billion in unemployment taxes. The Connecticut Business and Industry Association, which leads the coalition, also said the failure to follow this approach during the last recession was a critical error that still haunts the state.

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Connecticut businesses could owe up to $1 billion in unemployment taxes They want the state to cover it with federal relief funds

Monthly Yearly Connecticut businesses could owe up to $1 billion in unemployment taxes. They want the state to cover it with federal relief funds. Connecticut’s businesses on Wednesday called on the General Assembly and Gov. Ned Lamont to use federal coronavirus relief funds to spare firms as much as $1 billion in unemployment taxes. The Connecticut Business and Industry Association, which leads the coalition, also said the failure to follow this approach during the last recession was a critical error that still haunts the state. “It certainly hurt our recovery” in 2008 and 2009, Chris DiPentima, president and CEO of the CBIA, said during a late-morning, live-streamed press conference.

New yorkUnited statesRocky hillScott dolchNed lamontChris dipentimaKerry woodJoe bidenWendy traubR north branfordVincentj candeloraMax reissPayroll protection programSchwerdtle incIndustry associationConnecticut restaurant association