Senate Republicans also said Connecticut should seek to scale back future borrowing for capital projects and use the ... to deliver tax relief is a “massive expansion of the sales tax.” ...

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...

Michael Barbaro, a New Haven-area real estate broker, also acts as president of Connecticut’s SmartMLS system, which tracks housing market sales and trends across the state. Barbaro expects the market ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...

Get top local stories in Connecticut ... some forms may come digitally, so you'll want to check your online accounts periodically for updates. You can use your "prior-year tax return as a ...

A W-2 form, also known as the Wage and Tax Statement, serves as the official record of your earnings and the taxes withheld from your paycheck during a given tax year. You'll use this form to ...

The Connecticut Department of Revenue Services (DRS) released a new Accredited Theater Production Tax Credit form for corporate income tax, individual income tax, and excise tax purposes. The new tax ...

New Jersey’s proposed elimination of the 200-transaction threshold for economic nexus highlights a growing positive trend among states to simplify sales and use tax compliance and close revenue ...

I discussed Texas franchise tax nexus in a prior post, which can be found here. However, there is a different (albeit similar) set of rules for Texas sales and use tax nexus. As with Texas ...

Members of the actors union SAG-AFTRA attended a 2023 press conference in support of the state's film tax incentives ... and grow CT Mirror is through the support of people who use and value ...

The Tax Cuts and Jobs Act of 2017 added a new section to the Internal Revenue Code called section 6050Y. This code included new regulations for "reportable policy sales" of life insurance ...