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      July 15, 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.


CT sales-tax cut boosts boat sales

Connecticut's recent sales-tax cut on new- and used- recreational boat sales is raising the sales tide, the state's watercraft dealers say. The Connecticut Marine Trades Association (CMTA), an Essex t...

Published:  Thu, 12 Jul 2018 08:59:00 GMT

CT diesel fuel users face their first tax hike in five years

Connecticut's truck drivers and other motorists that use diesel fuel faced their first tax hike this week in five years, paying an extra 2.2 cents per gallon. The Department of Revenue Services set th...

Published:  Fri, 06 Jul 2018 02:00:00 GMT

Alliance: 41 Towns Deny Property Tax Exemptions for Nonprofits

HARTFORD, CT - Every four years since 1965, nonprofits have been required to remind municipal tax assessors why they should be exempt from property taxes. But according to a member survey conducted by ...

Published:  Mon, 09 Jul 2018 01:00:00 GMT

Some Republican gubernatorial tax proposals more serious than others

If you are lining up behind a Republican candidate in the coming gubernatorial primary because they vow to eliminate the state income tax, plan to be disappointed. Several weeks ago, as the 2018 campa...

Published:  Mon, 02 Jul 2018 13:22:00 GMT

Progressive income tax proposal would sink Illinois

Instead of reforming public employee pensions and Medicaid, some people are promoting a progressive income tax constitutional amendment - a code phrase for another massive tax increase. The adoption o...

Published:  Wed, 04 Jul 2018 22:02:00 GMT

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