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News
Compensation payouts to robodebt victims to be tax free
1+ week, 5+ day ago (317+ words) Victims of the robodebt scheme won't have to pay tax on any compensation payments they receive....federal parliament will pave the way for robodebt compensation to be exempt from income testing and tax...falsely accused welfare recipients of owing the…...
Face the Facts: Connecticut Republicans unveil plan to lower taxes
19+ hour, 5+ min ago (22+ words) NBC Connecticut Face the Facts: Connecticut...Republicans unveil plan to lower taxes...
Should Yale pay more in taxes? Connecticut governor candidate takes aim at $44 billion endowment
3+ week, 3+ day ago (877+ words) Fazio is calling on Yale to pay more through taxes, which he said would then benefit the city of New..."That will enable us to cut property taxes on middle-class families in towns and cities and income taxes..."Because they…...
More Connecticut residents reported million-dollar incomes in 2024. Here's what drove the increase
3+ week, 6+ day ago (1335+ words) Connecticut had 17% more resident tax returns reporting more than $1 million in income in 2024 than it...continued movement of executives from New York into Connecticut, said Daniel Friedman, CEO of WMGNA and a tax...Ben Proto, chairman of the Connecticut Republican…...
What the results of a Connecticut congressional primary race may mean for Social Security
4+ week, 21+ hour ago (878+ words) To pay for those changes, the bill calls for eliminating the Social Security payroll tax cap and taxing...In 2026, the Social Security payroll tax cap is set at $184,500....Earnings above that limit are not subject to the 6.2% payroll tax for…...
Top-paid Quinnipiac employees see drop in salary, $658M in revenue in most recent 990 filing
1+ week, 5+ day ago (708+ words) Nonprofit universities like Quinnipiac and all other tax-exempt entities are required by the Internal...Revenue Service to file annual returns on Form 990 tax filings....The most recent 990 tax filing — filed on May 13 — obtained by The Chronicle reports on data…...
Springfield celebrates opening of 52 affordable downtown apartments at The Vault
3+ week, 6+ day ago (694+ words) "What we were able to do is leverage the federal tax credits and incentives alongside the state tax credits...Neal talked about how lawmakers in 2017 killed historic tax credits for a time, making preservation efforts..."I decided (that) we are…...
Larson seeks re-election to county legislature
6+ day, 4+ hour ago (396+ words) Larson sponsored a 2027 County Budget Policy Resolution calling for a $2,000,000 county property tax..."In the past number of years, the county has routinely raised county taxes by about $2,000,000 a year...reduction to give our residents a break," Larson said In…...
Lockwood Mills redevelopment to add 50 affordable housing units
1+ week, 4+ day ago (541+ words) The presentation to the council included an amended tax increment financing, or TIF, request to create...The development team also said MaineHousing awards tax credits and subsidy resources using a scorecard...
Opinion: Lamont delivered on CT fiscal sustainability and earned another four years
4+ week, 1+ day ago (492+ words) The governor has also signed major tax-cut reduction packages, including Income tax for middle-income...residents, property tax and car tax relief measures and child tax rebates....tenure with: Although Connecticut still has major challenges ahead the governor recognizes that…...