Getting Started in Business

Presented by:
Milly Rivera, Revenue Examiner
Alejandro Hernandez, Revenue Examiner

www.ct.gov/drs or www.ct.gov/tsc 1
 Registration Confirmation
• You’ve registered your business with the Department of Revenue
Services (DRS).
• Soon after registering with the DRS you will receive correspondence in
the mail at the mailing address you provided us.
• The first letter to arrive is your Registration Confirmation. The
Registration Confirmation will list:

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R Name &
Address on
e Return Filing
System
g Frequency
i
s
t Tax ID
Number &
r
Location
a
t Business
i Start Date
o
n

L
e
t
Tax
t Type
e
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 PIN Notification Letter
• Separately, you will receive a Taxpayer Service Center (TSC) PIN Notification
letter(s) in the mail.
• You will receive a pin letter for EACH CT Tax Registration Number assigned to you.
• The letter explains
– How to access the DRS Taxpayer Service Center (TSC), our FREE online filing
website.
– Includes our web address - www.ct.gov/DRS
– Instructions for using the pin information to access our TSC Registration Profile
Page
• The Taxpayer Service Center (TSC) PIN Notification letter will include:

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P I N – N o t i f i c a t i o n
Connecticut
Registration
Number

Your PIN for TSC

services on our
web site

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Taxpayer Service Center
WWW.ct.gov/DRS

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 Taxpayer Service Center
Shortcut: www.ct.gov/TSC

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Taxpayer Service Center (Business)

Connecticut
Registration
Number

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 Sales and Use Tax Permit
Separately you will receive your Sales and Use Tax Permit
Your Sales and Use Tax Permit is valid for a period of 2 years.
Renewals are free and are automatically mailed to the address on file.
Permits will only be renewed if:
 All returns have been filed
 Thereare no outstanding tax liabilities. If there are any outstanding tax liabilities,
you must set up a formal payment plan with our Collections Unit by calling (860)297-
4936
To determine if you have any delinquencies or outstanding tax liabilities, you
can request a Business Tax Status Letter through the Taxpayer Service Center
(TSC) at www.ct.gov/TSC.
This rule also applies to cigarette dealers, distributors, or manufacturers licenses,
and to tobacco products distributors and unclassified importers licenses.
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Sales and Use Tax Permit

Your permit(s) should be displayed

visibly for your customers to see. If the
nature of your business does not allow
you the ability to display the permit, you
still MUST have the permit available.

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 Sales and Use Tax Filing Frequency
• New applicants will begin on a monthly filing schedule.
• For seasonal businesses, DRS will grant a “seasonal” filing frequency upon request by the taxpayer
and review by the Department. (Examples: A seller of Christmas trees or ice cream)
• DRS will monitor your filings for a period of 12 months to determine if a filing frequency change is
necessary. The Department will notify you in writing of any changes to your filing frequency.
• If your sales tax liability, for the prior 12-month period, beginning July 1 and ending June 30 is:
Less than $1,000 May be switched to annual filing status

More than $1,000 and less than $4,000 May be switched to quarterly filing status

More than $4,000 May be switched to monthly filing status

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 Sales and Use Tax Return
Due Dates
• The due date for ALL Sales and Use tax filing frequencies is on or before the
last day of the month following the end of the period set by the DRS.
• If the due date falls on a Saturday, Sunday or legal holiday, the return will be
considered timely if filed and paid by the next business day.

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 Months Due Dates
January 1 - January 31 February 28
February 1 - February 28 March 31
March 1 – March 31 April 30
April 1 – April 30 May 31
May 1 – May 31 June 30
June 1 – June 30 July 31
July 1 – July 31 August 31
August 1 – August 31 September 30
September 1 – September 30 October 31
October 1 – October 31 November 30
November 1 – November 30 December 31
December 1 – December 31 January 31

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www.ct.gov/drs or www.ct.gov/tsc 14
www.ct.gov/drs or www.ct.gov/tsc 15
 Withholding Taxes
Form CT-941 Connecticut Quarterly Reconciliation of
Withholding
• If you have employees you are responsible for filing
Form CT-941, Connecticut Quarterly Reconciliation of Withholding
• The due date for Form CT-941 is on or before the last day of the month
following the quarter end.
• If the due date falls on a Saturday, Sunday or legal holiday, the return
will be considered timely if filed and paid by the next business day.

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www.ct.gov/drs or www.ct.gov/tsc 17
 Withholding Tax Return
Due Dates
Quarters Due Date
Q1 January 1 - March 31 April 30
Q2 April 1 - June 30 July 31
Q3 July 1 - September 30 October 31

Q4 October 1 - December 31 January 31

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 Withholding Taxes
Form CT-WH, Connecticut Withholding Tax
Payment Form
• New applicants begin on a quarterly payment schedule,
therefore you may remit your withholdings when filing your
quarterly Form CT-941.

• DRS will then monitor your filings for 12 months to determine if

a frequency change may be necessary for payments only.

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 Withholding Taxes
Form CT-W3, Connecticut Annual
Reconciliation of Withholding
• You must electronically file Form CT-W3, Connecticut Annual
Reconciliation of Withholding and all federal Forms W-2
reporting Connecticut wages paid to employees during the
prior calendar year.

• The due date is on or before January 31ST

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www.ct.gov/drs or www.ct.gov/tsc 21
 Withholding Taxes
Form CT-W4, Employee’s Withholding
Certificate
• You must obtain a completed copy of Form CT-W4, Employee’s Withholding
Certificate, from each new employee when hired.
• The form is effective for the first payroll period ending, or the first payment
of wages, made on or after the date you receive a completed Form CT-W4.
• Unless the employee claims exemption, Form CT-W4 is effective until the
employee provides you with a new one.
• You are required to obtain a new Form CT-W4 on or before February 15 each
year from each employee who claimed exemption from withholding in the
prior year.
• If an employee fails to complete a new Form CT-W4 for you, you must begin
to withhold Connecticut tax at the highest marginal rate of 6.99% without
allowance for exemption on February 16.
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www.ct.gov/drs or www.ct.gov/tsc 23
 Business Entity Tax (BET) - Form OP-424

• The BET is a $250 tax due every other taxable year and
applies to the following business types:
• S corporations, Limited Liability companies (LLC’s or
SMLLC’s), Limited Liability Partnerships (LLPs) and Limited
Partnerships (LP’s)
• Taxpayers file biennial and are all on the SAME filing period
(odd number years).
• The return and payment are due on or before the fifteenth day
of the fourth month (April 15 for calendar year filers).
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 Business Entity Tax (BET) Return
Due Dates
Biennial Period Due Date
(for calendar year filers) (every odd year)

January 1, 2017 – December 31, 2018 April 15, 2019

January 1, 2019 – December 31, 2020 April 15, 2021

Form OP-424, Business Entity Tax (BET)

January 1, 2021 – December 31, 2022 April 15, 2023
Due Dates
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Other Helpful Information

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 Changes to your Business
You can make the following changes to your business online at
www.ct.gov/TSC
• Register for additional tax types
• Close certain tax types (excluding BET or CORP)
• Update business address (both physical location and mailing)

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 Changes to your Business
You must notify DRS of the following changes to your business in
writing to:
Department of Revenue Services
Registration Unit
450 Columbus Blvd.
Hartford, CT 06103
• Business name change
• Change of ownership
• Change of business structure
• Deletion of BET and CORP tax type
• Addition or closure of a business location
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Sign up for e-alerts!

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 Taxpayer Service Center
Shortcut: www.ct.gov/TSC

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www.ct.gov/drs or www.ct.gov/tsc 31
 Helpful Resources
The following publications are available on our website: ct.gov/drs
• Informational Publication 2018(5) - Getting Started in Business
• Informational Publication 2018(2)-Building Contractor’s Guide to
Sales and Use Taxes
• Informational Publication 2019(1) –Connecticut Circular CT Employer’s
Tax Guide
• TPG-129 - Taxpayer Service Center (TSC) Electronic Filing and Payment
Instructions
• TPG-120 - Connecticut Business Telefile System
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 Other Agencies
You may also need to contact:
• Internal Revenue Service (IRS) 1-800-829-4933
• Connecticut Office of the Secretary of the State (860)509-6200
• Connecticut Department of Labor (860)263-6550
• Connecticut Department of Consumer Protection (860)713-6135
• CT Small Business Development Center http://www.ctsbdc.com

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 Contact Us
• 860-297-5962 (from anywhere)
• 1-800-382-9463 (within CT- outside Greater Hartford area only)
• 860-297-4911 (Hearing Impaired, TDD/TT Users only)

Walk-In Assistance
No appointment necessary, anytime between 8:30 a.m. to 4:00 p.m., Monday
through Friday

Hartford: 450 Columbus Boulevard, Hartford, CT 06103

Norwich: 401 West Thames Street, Building #700, Norwich, CT 06360
Waterbury: 55 West Main Street, Suite 100, Waterbury, CT 06702
Bridgeport: 10 Middle Street, Bridgeport, CT 06604
www.ct.gov/drs or www.ct.gov/tsc 34
 Visit us at:
www.ct.gov/drs
www.facebook.com/ctdrs
www.twitter.com/ctdrs

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www.ct.gov/drs or www.ct.gov/tsc 36
Contact Information:
Mirianil. Rivera@po.state.ct.us

Alejandro.Hernandez@po.state.ct.us

Phone: 860-297-5962

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