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      February 17, 2019

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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.


A statewide car tax could cut your tax bill, but if you live in Greenwich, you're out of luck

In at least 156 of Connecticut's 169 cities and towns, motor vehicle taxes would go down under a bill that is gaining momentum to create a uniform auto tax collected by the state. Top Democrats say th...

Published:  Sun, 17 Feb 2019 03:19:00 GMT

Progressives ready to battle Connecticut's rich over taxes

A major liberal block in the House of Representatives unveiled a series of tax proposals Thursday that could put them at odds with Gov. Ned Lamont and other of their fellow Democrats in the ...

Published:  Thu, 14 Feb 2019 17:05:00 GMT

More CT lawmakers seek end to wealthy estate tax

For years, minority Republicans in the General Assembly have fought to repeal Connecticut's tax on inheritances of the wealthy. This year they are not alone. A growing number of Democrats want the leg...

Published:  Tue, 12 Feb 2019 10:50:00 GMT

The state and local tax deduction cap probably isn't going away - despite Trump's comments

About 6.1 million California residents filed for the deduction in 2015, reducing their federal taxable income by $18,438 on average, according to the Urban-Brookings Tax Policy Center. Only New York a...

Published:  Sat, 16 Feb 2019 13:00:00 GMT

New Connecticut Bill would Add a 50% Tax to Ammunition

Hartford, CT --( state representative Jillian Gilchrest is proposing a 50% "sin tax" on ammunition. House Bill (HB) 5700 has been introduced to the Connecticut State House of ...

Published:  Fri, 08 Feb 2019 07:24:00 GMT

Tobacco wholesaler sentenced to 3 years for defrauding Connecticut of $5.8 million in taxes

NEW HAVEN - A Fairfield man has been sentenced to three years in prison for defrauding the state of nearly $6 million in taxes. Rishi Malik, 46, a citizen of India residing in Fairfield, was ...

Published:  Wed, 13 Feb 2019 16:56:00 GMT

New tax law brings unpleasant surprise to filers

Unlike tax deductions, which reduce the amount of taxable income ... asked James Lagana of Accounting & Auditing Services LLC, which provides services to clients in Massachusetts, Connecticut and Sout...

Published:  Sat, 16 Feb 2019 23:25:00 GMT

Lamont to propose tax on sugary beverages

The Rudd Center on Food Policy and Obesity at the University of Connecticut also has advocated for the tax. Roberta Friedman, a public health policy consultant who has worked with Rudd Center and ...

Published:  Sun, 17 Feb 2019 03:59:00 GMT

Lamont Makes Case For Tolling All Vehicles In CT

He said if the state approves electronic tolling on all vehicles he'd pursue a possible reduction in the gas tax and or "discount for Connecticut EZ-Pass users and/or offered a "frequent driver ...

Published:  Sat, 16 Feb 2019 08:52:00 GMT

Free Tax-Filing Assistance Up and Running in CT

HARTFORD, Conn. - There are a lot of changes to income-tax filings this year, but there's free help available to sort it all out. The AARP Foundation's Tax-Aide program has IRS-certified volunteers at ...

Published:  Mon, 04 Feb 2019 00:34:00 GMT

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