The General Assembly’s tax committee is expected to vote on a Democratic plan that would increase personal income tax rates for high-earners and extend Connecticut’s sales tax to more services, including accounting and engineering.
If you haven’t already begun, now’s the time to prepare for filing your 2014 tax returns.
Hartford-area Congressman John Larson wants to stabilize the Social Security Trust Fund, by having high-income people contribute more to the program, and by gradually increasing the amount of money workers and employers contribute.
Gov. Dannel P. Malloy, buoyed by estimates of a state budget surplus, is proposing more than $104 million in new tax cuts.
A former intern in the Department of Revenue Services has been arrested after the department found he had browsed through taxpayer records.
Grammy-winning singer Lauryn Hill began serving a three-month prison sentence in Connecticut on Monday for failing to pay about $1 million in taxes over the past decade.
Boat sellers and their customers are getting a break as Connecticut scales back taxes on boat sales that produced little revenue, but lots of complaints from the industry.
Republicans stepped up pressure Monday on Democratic Gov. Dannel P. Malloy and the General Assembly’s majority Democrats to stop a looming increase in the state’s gasoline and diesel taxes, launching a petition drive at gas stations across Connecticut and on the Internet.
State lawmakers are proposing actions that would extend sales taxes to downloaded products.
The legislature’s tax-writing committee has approved a revenue package that delays the governor’s proposal to slash car taxes, extends a surcharge on Connecticut’s corporation tax and creates a tax amnesty program.