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Articles

Economic commission co-chairs: ‘It’s about what’s good for Connecticut’
Jim Smith and Robert Patricelli are the co-chairs of the state Commission on Fiscal Stability and Economic Growth. The 14-member panel recently delivered a sweeping series of recommendations designed to help Connecticut tackle huge retirement...
DRS Warning: CT Taxpayers sent phony tax email bills for Amazon, NewEgg purchases
Connecticut taxpayers are warned by the Department of Revenue Services (DRS) not to open, make a payment or reply to email or any other communication claiming to be a tax bill for Amazon and/or NewEgg purchases. The email directs the tax payment...
IRS Lowers 2018 Family HSA Contribution Limit by $50
The 2018 contribution limit for health savings accounts (HSAs) linked to family coverage will be $6,850 - not $6,900, as the IRS had previously announced.
Winter storm extension: Many businesses have extra time to request a 6-month extension
The Internal Revenue Service today granted many businesses affected by severe winter storms additional time to request a six-month extension to file their 2017 federal income tax returns.
Despite Major Progress, Identity Theft Still on IRS ‘Dirty Dozen’ Tax Scams List
Even though reports of tax-related identity theft have declined markedly in recent years, the Internal Revenue Service warns that this practice is still widespread and remains serious enough to earn a spot on the agency’s annual...
Harp Explores Suing State Over PILOT
Whether or not other mayors join her, Mayor Toni Harp has instructed her legal staff to prepare a lawsuit against the state for failing to reimburse New Haven fully for revenue lost on tax-exempt properties. Harp discussed the plans during her...
DRS: Notification letters sent to online purchasers who owe CT use tax
Several online retailers who did not charge CT Sales tax have provided the DRS with records of their sales going back several years. Letters have been mailed notifying those CT taxpayers that they owe “Use Tax” to the state for those...
DMV Errs In Calculating Sales Tax On Hundreds Of Luxury Cars
The state Department of Motor Vehicles will have to refund more than $100,000 to owners of luxury cars across the state because of a computer error that went undetected for more than a year. Hundreds of car owners will receive refunds, others...
CEO-led commission proposes tax overhaul, tolls, min. wage hike
The leaders of a state-created commission laden with high-profile Connecticut CEOs promised to be bold, and it appears they've done so. The 14-member Commission on Fiscal Stability and Economic Growth is set to vote this afternoon on a list of...
Updated Withholding Calculator, Form W-4 Released
The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December. The IRS urges...

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