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      September 21, 2018

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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.


Lamont offers more tax relief in jobs plan

... as the capital base component of the corporation tax, which is a levy on a business's net worth or capital holdings. Connecticut imposes the nation's highest rate at 0.31 percent.

Published:  Wed, 19 Sep 2018 14:49:00 GMT

Connecticut governor contenders clash over tolls and taxes

NEW HAVEN, Conn. (AP) - The two major party candidates hoping to become Connecticut's next governor clashed once again over tolls and taxes in their second one-on-one debate. Republican businessman Bo...

Published:  Tue, 18 Sep 2018 01:40:00 GMT

Lamont offers tax cuts, plans for economic growth

Marr said in a statement. "Ned Lamont continues to offer small concessions that will be more than offset by increased fees, taxes and tolls imposed on the hard-working people of Connecticut." The GOP ...

Published:  Wed, 19 Sep 2018 14:06:00 GMT

Poll: How important is the income tax to Connecticut's state budget

How important is the income tax to Connecticut's state budget Not important at all Very important Somewhat important free polls Choose the plan that's right for you.

Published:  Wed, 19 Sep 2018 03:57:00 GMT

State Migration Increasingly Driven by Taxes

The only high-tax state that saw in-migration was Maine ... the states both seniors and high earners are leaving are Alaska, Connecticut, California, Illinois, Maryland, New Jersey, New York ...

Published:  Wed, 19 Sep 2018 21:15:00 GMT

The Connecticut Dem Showing How to Be Pro-Business and Pro-Labor

(Gov. Malloy had eroded the property tax credit in an effort reduce the state's $2 billion deficit.) Lamont has one similarity to Trump: he's ready to make deals. As the Connecticut Post ...

Published:  Tue, 18 Sep 2018 09:27:00 GMT

Lamont, Stefanowski balk at releasing tax records

They don't have a state income tax. You know what they have They have a billion-dollar budget surplus. Look at Florida. Look at Texas." Those three states are all so-called right-to-work states where ...

Published:  Tue, 18 Sep 2018 07:49:00 GMT

Providing a Property Tax Credit Is Harder Than It Sounds

Ned Lamont has his own way to try to put more money in Connecticut residents' pockets. He's proposed reinstating a property tax credit to about 900,000 middle and low income families, which would net ...

Published:  Sat, 15 Sep 2018 08:44:00 GMT

New tax break for private K-12 tuition begins this school year

The state set up its 529 program years ago to align with the federal law, so this recent federal expansion triggered an automatic expanded state tax break for K-12 tuition, the Connecticut ...

Published:  Tue, 18 Sep 2018 09:00:00 GMT

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