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Tax Relief in Connecticut

After filing a tax return, many people in Connecticut discover that they owe thousands of dollars to the government that they can't afford to pay. If they are unable to quickly pay off their back taxes, the government can garnish wages, seize bank accounts or put a tax lien on their property.

When this happens to someone who has never had tax debt before, this can be a very stressful and confusing time. In these situations, it's important that the person gets professional help that can assist them with any federal, state or local taxes they have outstanding. Tax relief companies are businesses that specialize in helping people who have large amounts of tax debt.

Another service that tax relief companies offer is to remove any additional penalties that are levied. When someone doesn't immediately pay off their tax debt, the government may issue additional charges that add onto the total payment owed the government. If the tax relief company can prove that there is a reasonable explanation for why taxes weren't paid on-time, federal and state tax authorities may waive the penalties and save hundreds to thousands of dollars.

Whether you are living and working in Connecticut or in another neighboring state, a tax relief company can be the professional help you need to get through a tough tax situation. An experienced company can help you make smart decisions after considering all of the possible options that few of us are even familiar with. Getting tax relief from a company familiar with Connecticut laws is the best bet to effectively and efficiently resolve any back tax issues.

 

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Tax Relief In The News

Homeowners can now enjoy 15pc tax relief

The tax relief at 15 per cent of gross emoluments will be extended to Kenyans aspiring to buy homes under the scheme, but will not exceed Sh108,000 per year. The amendment to the Income Tax Act, signe...

Published:  Wed, 18 Jul 2018 14:58:00 GMT



Uhuru signs law on tax relief for low-cost housing beneficiaries

President Uhuru Kenyatta yesterday signed into law a Bill creating a 15 per cent tax relief for Kenyans buying houses under the Affordable Housing Scheme. The President signed an amendment to the Inco...

Published:  Wed, 18 Jul 2018 14:28:00 GMT



David Watt: Claiming tax relief for museums and galleries need not be too taxing

In the context of ongoing uncertainty around cultural funding, the launch of a tax relief for museums and galleries is welcome news. A tax relief will never replace funding, and specifications and lim...

Published:  Mon, 16 Jul 2018 22:17:00 GMT



Beneficiaries of affordable housing scheme to get 15pc tax relief

President Kenyatta approved amendments to VAT Act to effect zero rating of ordinary bread, copra, linseeds and mustard seeds President Uhuru Kenyatta has signed into law a Bill creating a 15 percent t...

Published:  Wed, 18 Jul 2018 06:49:00 GMT



7th Pay Commission: How to claim tax relief for arrears

New Delhi, July 17: With the 7th Pay Commission recommendations being implemented, government employees are paid arrears of salaries and allowances with a retrospective effect. For the financial year ...

Published:  Tue, 17 Jul 2018 00:18:00 GMT



Low-income Detroiters can apply for tax relief, foreclosure prevention

DETROIT, MI - Detroit is taking steps to ensure more low-income homeowners can stay in their homes by inviting them to apply for tax relief and allowing people to buy back houses in foreclosure. As of ...

Published:  Tue, 10 Jul 2018 18:54:00 GMT



Tax relief for severe storms and flooding victims

Texas - Victims of severe storms and flooding that began on June 19, 2018 in parts of Texas may qualify for tax relief from the Internal Revenue Service. The President has declared that a major disast...

Published:  Tue, 10 Jul 2018 00:09:00 GMT



Vaughn Palmer: Public payroll tax relief tilts James' promise for level playing field

VICTORIA - After weeks of speculation, Finance Minister Carole James this week announced relief from the new payroll tax for public service providers like schools and hospitals as well as many chariti...

Published:  Fri, 06 Jul 2018 18:07:00 GMT



Residents ask APS to lower property tax rate more than 1-mill proposal

The call for tax relief came during two public hearings Monday that the Atlanta Board of Education is required to hold before it sets a millage rate, currently at 21.74 mills. The third and final publ...

Published:  Mon, 16 Jul 2018 19:01:00 GMT




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