income taxes

Recent Posts

Connecticut’s attempt to safeguard federal deductions may draw IRS heat

WASHINGTON – Fairfield First Selectman Mike Tetreau hopes to take advantage of a new state law aimed at blunting the impact on his town’s residents of a new cap on certain federal tax deductions. But the bold step the state has taken may face push-back from the IRS. Continue Reading →

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Foley’s tax relief on retirement benefits would cost about $100 million

Much of Tom Foley’s last-minute proposal to cut taxes on Social Security benefits already is covered in existing state law. And the GOP gubernatorial nominee’s overall tax relief proposal on retirement benefits would expand Connecticut’s post-election deficit by roughly $100 million next fiscal year. Continue Reading →

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