Paying taxes is often unavoidable, especially for business owners. In fact, someone who runs a Connecticut business likely has numerous taxes to pay, including state employment taxes, income taxes and federal unemployment taxes. While it may be tempting to hold back...
Month: November 2018
Things to know about tax liens
Connecticut residents who have found themselves in the position of being unable to meet their tax obligations may have found themselves in trouble with the Internal Revenue Service. How exactly? They may have received notice that tax liens have been filed against...
Are you at risk of IRS levies?
The IRS has a reputation for being ruthless and terrifying. While this may not necessarily be true, it may seem so if you have fallen behind on your taxes. The fact is that the IRS does have power that other creditors do not have to collect what it wants you to pay....
Accused of tax crimes? A tax attorney may be able to help
When accused of any sort of crime, the first person Connecticut residents may think to call is a criminal defense attorney, which is understandable. While they can help on some level, when accused of tax crimes, a tax attorney with experience handling tax crimes cases...
Those picked for tax audits need to know what to expect
Aside from paying taxes, the one thing just about everyone dreads is being picked for an audit. Tax audits, under certain circumstances, can have significant consequences. However, many people who are picked for audits really do not have a lot to worry about. The...
1 income tax issue at play when selling the marital home
When going through the divorce process, taxes are probably the last thing on a person's mind, but they should not be. Divorce, and all that it entails, can cause some serious income tax issues for Connecticut residents. Take selling the marital home, for example.Some...