Business owners in Connecticut have a lot of responsibilities. Dealing with sales tax is one of them. Connecticut is, after all, of the many states that require sales tax be collected, reported and paid on all taxable products and services.So, how does one go about...
Month: October 2018
Can an offer in compromise help you with your tax debt?
You have certainly heard horror stories about people dealing with the Internal Revenue Service. The IRS has long carried a reputation for coming down hard on citizens who fail to pay their taxes. While it is true that the government can exact stiff penalties on those...
Are fraud and negligence both tax crimes?
Receiving word from the Internal Revenue Service that something does not seem right on one's taxes can be alarming. As tax crimes are an issue in Connecticut and elsewhere, the IRS will take the time to investigate. Here is the thing, though — not everyone...
A few facts about estate taxes
Those who own property in Connecticut, regardless if they are residents of the state, need to know what taxes will apply to them now or their estate when they pass away. Estate taxes, for example, are no joke and can cost a lot if the proper estate planning...
Have a tax concern? A tax attorney may be able to help
When you think about your taxes, you probably think a tax preparer or an accountant is the person you need to talk to about any concerns you may have. While these individuals can offer some great guidance to Connecticut residents, they may not be able to address all...