The CT Mirror (https://ctmirror.org/tag/irs/)
WASHINGTON – Reps. Joe Courtney and John Larson asked Treasury Secretary Steven Mnuchin on Monday to allow a tax break for thousands of Connecticut homeowners who suffer from crumbling foundations. Continue Reading →
The financial disclosure form of White House aide Justin Clark of West Hartford drew unwelcome attention this week from the Center for Public Integrity: He is one of three members of the Trump administration who listed a debt to the IRS. Continue Reading →
WASHINGTON — The proposal, which will be considered later this month in a series of hearings, includes replacement of the law’s subsidies that help people buy insurance with tax credits based on a person’s age, not income, and elimination of federally mandated basic benefits in an insurance plan. Continue Reading →
The claim that wealth is leaving the state is often discussed, but does the data back it up? We analyzed two decades of IRS statistics on income among people moving from state to state to see if we could answer that question. Continue Reading →
WASHINGTON — East Hartford resident James Tillman was convicted of rape and jailed for almost 18 years before a DNA test exonerated and freed him in 2006. Congress is now adding to the restitution Tillman, and hundreds of wrongfully convicted people, received for the wrong the judicial system did them. Continue Reading →
WASHINGTON – GOP presidential hopeful Donald Trump has a new target for his ire — other super-rich guys, the nation’s hedge fund managers. “I know a lot of bad people in this country that are making a hell of a lot of money and not paying taxes,. The tax law is totally screwed up.” he said. Continue Reading →
WASHINGTON – Unless Congress acts soon, Connecticut commuters, students, homeowners and businesses will lose a number of valuable tax credits and deductions. These credits and deductions, known as “extenders,” aren’t a permanent part of the tax code and must be renewed by Congress from time to time.
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The Democratic Governors Association has established its long-anticipated beachhead in Connecticut, hiring elements of President Obama’s re-election team through a week-old independent expenditure group, Connecticut Forward. Continue Reading →
Washington — Rep. Elizabeth Esty, D-5th District, split from her party and with the rest of Connecticut’s delegation to the U.S. House with a vote Wednesday night to require the attorney general to appoint a special counsel to investigate IRS targeting of conservative nonprofit groups. Continue Reading →
Washington – How much is a tax loophole worth to a company? A new report says that one in particular is so important to Fairfield-based General Electric that it has deployed a small army of lobbyists to save it. Continue Reading →
Could 27,000 Connecticut residents’ Social Security numbers have been mailed – along with their names and addresses – to households other than their own? A top Republican lawmaker demanded answers Monday after reviewing one of the thousands of faulty tax forms the state Labor Department acknowledged sending out late last week. House Minority Leader Lawrence F. Cafero, R-Norwalk, also said he wants to know if the state mailed incorrect tax data regarding unemployment recipients to the IRS. “How did this happen? To what extent did this happen?” Cafero said during a midafternoon news conference at the State Capitol, adding that a letter seeking details was being sent to the department. Continue Reading →