CT Tax Exemption for Retirees

Posted on January 31, 2020 by admin


Facebooktwitterredditpinterestmail

 

With tax season upon us, I want to share some helpful information.

As part of the 2017 bipartisan budget, the legislature passed a long-time Republican proposal and raised the income thresholds that allow some taxpayers to be able to deduct 100 percent of their federally taxable Social Security income, therefore expanding this deduction to more taxpayers.

Effective in 2019, the threshold increases from $50,000 to $75,000 for single filers and married people filing separately, and $60,000 to $100,000

Read More

New Laws Effective January 1

Posted on January 2, 2020 by admin


Facebooktwitterredditpinterestmail

I want to wish you and your families a safe and happy New Year! With 2020 now upon us, you should be aware of new taxes and laws that went into effect on January 1.

These new taxes, which I opposed when they came up for debate earlier in the year, include those on:

  • Dry Cleaning – Existing state sales tax rate will be expanded to dry cleaning services & laundry services
  • Parking – Existing state sales tax rate will be expanded to parking fees
  • Interior Design Service – Existing state sales tax rate

    Read More

Real IDs: Do I Need One? How Do I Get One?

Posted on November 21, 2019 by admin


Facebooktwitterredditpinterestmail

According to the Connecticut Department of Motor Vehicles (DMV), beginning on October 1, 2020, the U.S. Federal Government will require anyone boarding an airplane for domestic travel or entering certain federal buildings to have a “verified” driver’s license, state-issued ID card, or show additional proof of identification, such as a passport. This verification is indicated on your license or ID card by a gold star in the top right corner and is commonly referred to as a “Real ID.”

With this deadline

Read More