Accusations of evading taxes are serious and should not be taken lightly by Connecticut residents who find themselves in the state's or Internal Revenue Service's line of fire. In a previously written article, this column discussed one of several defense options...
Month: February 2019
Is this year’s tax bill overwhelming?
You may be among the many in Connecticut and across the country who hoped the recent changes in the tax law would benefit you. If you count on a refund for bills, vacation or to stash away as savings, you may have wondered if the new tax laws would give your refund a...
Are sales tax changes coming to Connecticut?
Lawmakers in Connecticut are trying to decide if they should increase taxes on certain products that are for sale in the state. Sales tax laws are frequently changing, so this is not an out-of-the-blue thing. It is something that business owners and residents need to...
Connecticut tax evasion defense part I: Mistake or ignorance
The federal and state governments take taxes very seriously. If you do not pay what you owe on time, you may be accused of tax evasion. Such an accusation is not something to take lightly, as a criminal conviction on a tax evasion charge can have significant...
Connecticut residents who wish to appeal tax audits may do so
No one wants to get picked for a tax audit, but it happens. The Internal Revenue Service not only looks for red flags on tax forms that would warrant tax audits, but it also randomly selects Connecticut residents to put through the wringer every year, just because...