Getting taxes done, turned in and paid on time can be extremely stressful for quite a few Connecticut residents. People do their best to make sure they fill out everything right, only take the deductions they believe they qualify for and hope for the best....
Month: January 2019
This tax season could be a challenge on many fronts
It's hard to imagine anyone in Connecticut not knowing about the partial government shutdown. If you are one of the lucky ones that it doesn't affect directly, then you may not pay much attention to it other than what you see in your news feed or in a...
Gig workers, beware these potential income tax problems
Now more than ever before, more Connecticut residents are gig workers. Gig workers are considered small business owners. They work for themselves by taking on business opportunities offered through larger companies -- such as Uber and Airbnb, among a number of others....
When a tax situation requires an attorney
When tax season rolls around, most people in Connecticut and elsewhere try to file their taxes themselves or turn to accountants for assistance. There are some tax situations, though, that may require one to seek out a tax attorney for help. What situations would be...
How are inheritance and estate taxes different?
When a loved one passes away, closing out his or her estate can be a real ordeal. Part of the process may involve paying estate taxes. What about inheritance taxes? Does the state of Connecticut collect such taxes, or are these the same as estate taxes?Many people...