WASHINGTON — As House and Senate negotiators of a final tax bill worked to finish the plan Thursday, changes were made that could help Connecticut homeowners and students. A final bill would allow greater deductibililty of state and property taxers and restores some tax breaks for students lost in earlier versions of the bill.
mortgage interest deduction
Posted inMoney, Politics
Realtors say value of CT homes would drop under tax bills
WASHINGTON — The nation’s Realtors say Connecticut homeowners may lose as much as 10 percent of the value of the equity in their homes – and maybe more – if Congress approves a GOP overhaul of the federal tax code.
Posted inNews
Connecticut NASCAR tracks at risk of losing tax break
WASHINGTON – When you think of NASCAR, Connecticut does not immediately come to mind. But the state has three small NASCAR racetracks that benefit from a tax provision that disappeared – with about 50 others – because Congress did not extend them last year.