taxes

Connecticut Governor Ned Lamont wants to enhance the state’s pass-through entity tax credit in his upcoming budget, which would help small business owners save money.

A state court in New York has ordered two companies owned by former President Donald Trump to pay $1.61 million in fines and penalties for tax fraud.

Suffolk County Comptroller John Kennedy said more than 200 taxpayers were mistakenly sent tax arrears notices because of a software problem.

Connecticut Governor Ned Lamont has been officially sworn-in to his second term in office. He has promised a middle-class tax cut.

Prosecutors in the Trump Organization’s criminal tax fraud trial have rested their case.

Governor Ned Lamont and the legislature spared Connecticut businesses from unemployment tax hikes for now, but big challenges loom if debts aren't paid.

Governor Ned Lamont announced that the state will participate in its second ‘Sales Tax-Free Week’ of 2022 next week, the first time Connecticut has held two sales-tax holidays in one calendar year.

Senate Majority Leader Chuck Schumer (D-NY) said the Inflation Reduction Act passed by the Senate this weekend will “change the world” through climate initiatives, lowering prescription drug costs and increasing corporate taxes.

For a second time this year, New York State Comptroller Thomas DiNapoli said property taxes will be capped at 2% this year, the highest local governments can raise taxes under state law.

Demonstrators marched down the main streets of Southampton and East Hampton, carrying signs that read, “Tax the Rich.” They called for increasing taxes on the wealthiest New Yorkers to fund affordable housing and to fight climate change.