Governor Lamont Proposes Increasing Tax Credit for Small Businesses – NBC Connecticut

In a move to help small business owners in Connecticut save money. Gov. Ned Lamont announced a proposed increase in business tax credits Wednesday, saying they are vital to the state’s economy.

There’s a lot of work that goes into a small business, and Welden Hardware in Simsbury is no different. Owner Melissa Brett puts her heart and soul into the store.

“So, a lot of the times when we have our own issues and stuff, we’re the last ones who will get paid. Our staff will get paid. The bills will get paid, but we’re the last ones to get paid,” she said.

Come tax season, keeping the finances in order is tedious.

“It’s a lot of work being a small business. We have our own personal stuff, but we are also responsible for everything in the business so it kind of doubly affects us,” Brett said.

But there could be relief on the horizon. Lamont announced plans to restore the…

Read more…

Request a Call Back

Contact Info