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Tax Relief in Connecticut

Connecticut MapAfter filing a tax return, many people in Connecticut discover that they owe thousands of dollars to the government that they canít 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, itís 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 doesnít 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 werenít 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.

 

Connecticut boat dealers seeing effects of tax cut

A cut in Connecticut's sales tax on marine vessels, set for July 1, already has begun to provide a much-needed boost to Connecticut's boating industry, according to boat sellers. Kathleen Burns, executive director of the Connecticut Marine Trades ...

Published:  Wed, 16 May 2018 14:26:00 GMT



Connecticut Passes Bill to Ease Federal Tax Burden

Connecticut has joined New York and New Jersey in passing legislation that aims to blunt the impact of losing some deductions under the federal tax overhaul. The legislation proposed by Gov. Dannel Malloy, a Democrat, gives municipalities the authority to ...

Published:  Thu, 10 May 2018 19:52:00 GMT



Legislative Changes to the Connecticut Income Tax

On May 9, 2018, the Connecticut legislature unanimously passed the "Act Concerning Connecticut's Response to Federal Tax Reform" (the "Act" ). The Act includes a series of Connecticut income changes that either diminish the impact that the ...

Published:  Thu, 17 May 2018 15:20:00 GMT



Both Chambers Approve Amending State Tax Plan To Lessen Impact of Fed Changes

HARTFORD, CT - The House and Senate voted unanimously Wednesday to amend Connecticut's state and local tax laws to blunt the impact of the Tax Cuts and Jobs Act signed by Republican President Donald Trump in late 2017. The bill creates a new pass ...

Published:  Wed, 09 May 2018 19:20:00 GMT



Lawmakers pass bill protecting residents from new tax law

The Connecticut General Assembly fully passed late Wednesday a bill that is intended to protect residents from what lawmakers call the negative effects of President Donald Trump's tax law. The plan from Gov. Dannel Malloy aims to help Connecticut ...

Published:  Wed, 09 May 2018 20:16:00 GMT



Gas sales down 1 million gallons in Naperville, cutting tax money available for roads

Revenue from Naperville's local gas tax is down 6 percent compared to where it was in the first quarter of 2017. The city received $614,000 in revenues from the 15 million gallons sold, $400,000 less than in 2017, said Rachel Mayer, director of finance ...

Published:  Fri, 18 May 2018 16:32:00 GMT



Child tax rebate claims exceed 200,000 after just three days

Requests for Gov. Scott Walker's $100 child tax rebate have exceeded 200,000 in just three days after registration opened. The state Department of Revenue's website said 230,424 people had registered to receive the per-child payment by Friday morning ...

Published:  Fri, 18 May 2018 10:20:00 GMT



Dan Haar: Groark's tax moment and today's GOP

The income tax and, more generally, fiscal crisis management, stands at the center of both Groark's memory and the agenda of the Republicans today - in opposite ways. What that tells us might go a long way toward solving the mystery of how Connecticut ...

Published:  Fri, 11 May 2018 17:47:00 GMT



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