Wouldn't it be great to not pay taxes? No one wants to pay, but it is hard to get out of it. It does not stop some people in Connecticut and elsewhere from saying that they should not have to pay income tax. Believe it or not, every year the Internal Revenue Service...
Month: April 2018
Connecticut residents who do these things may face tax audits
Tax day has once again come and gone. Many Connecticut residents were able to get their returns and -- if applicable -- payments submitted on time. Then there are those who may have needed to file extensions so that they have more time to figure things out. No matter...
Tax crimes do not pay
A woman in another state recently pleaded guilty to a form of tax fraud. She has yet to be sentenced, but she may end up facing years behind bars and have to pay a significant fine. The lesson here -- whether one resides in Connecticut or elsewhere, and whether one...
Facts about tax liens
According to the dictionary, a lien is the right of a creditor to take possession of someone else's property until that person's debt is paid or discharged. When it comes to taxes, the government has the right to take one's property if taxes are not paid. Connecticut...