Pullman & Comley Attorneys Present on Employment and Property Tax Topics for CMAACT
Pullman & Comley attorneys Megan Y. Carannante, Laura Bellotti Cardillo, and Karen A. Jeffers recently presented a virtual education program for the Connecticut Chapter of the Club Management Association of America (CMAACT) designed for human resource professionals, controllers and department heads.
Megan Carannante, co-chair of Pullman & Comley’s Labor, Employment Law and Employee Benefits practice, together with Karen Jeffers, an attorney in the firm’s Business and Finance practice, presented “What You Need to Know about Paid Leave in Connecticut.” Connecticut employers are required to remit their first payroll deductions to the Connecticut Paid Family and Medical Leave Authority no later than April 30, 2021, if this deadline is not met, late payment and filing penalties may be imposed. Megan and Karen covered cover the basics of paid family and medical leave in Connecticut; employer obligations; and key issues employers may confront when employees start to become eligible for leave on January 1, 2022.
Laura Bellotti Cardillo, vice-chair of the firm’s Property Tax and Valuation practice, then presented “Property Tax 101 – Strategies for Ensuring Your Club is Not Paying More than its Fair Share.” Property taxes are one of the biggest fixed expenses for any business in Connecticut, including private clubs that may not enjoy an exemption. Golf/Country Clubs are businesses that are premised on a complicated business model heavily reliant on real estate and personal property holdings. The value of these businesses is attributed to real and personal tangible assets as well as intangible assets. Laura led a discussion of how the real and personal property assets of private clubs are valued and assessed.
Members of the CMAACT can access webinar recordings on the CMAACT website.