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CONNECTICUT owners of so-called pass-through businesses currently have a workaround to the federal $10,000 SALT deduction limit due to a state law passed earlier this year. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Connecticut’s SALT bypass offers hidden perk for money managers

NEW YORK - Hedge fund and private equity managers in Connecticut may have more to like about the state’s novel workaround for a new cap...
RHODE ISLAND RANKED No. 28 in the U.S. News 2018 Best States rankings. / COURTESY U.S. NEWS

R.I. drops to No. 28 on U.S. News’ ‘Best States’ rankings

PROVIDENCE – Rhode Island ranked No. 28 on the U.S. News & World Report's Best State 2018 rankings, last in New England, U.S. News...
CONN. GOV. DANNEL MALLOY says that early payments of 2017 income taxes is yielding the state a $900 million windfall, as people try to take advantage of full deductibility of state taxes before that changes thanks to the federal tax overahaul. / BLOOMBERG NEWS PHOTO/ANDREW HARRER

Connecticut, California reap windfalls from U.S. tax changes

NEW YORK – At least two high-tax states are receiving windfalls thanks to Washington.In California, a state that will be heavily affected by the...
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