HARTFORD, Conn. – Connecticut state lawmakers have advanced a Democratic proposal to reduce state income tax rates, but for some legislators the plan is not nearly enough. Republican legislators, the minority party in the General Assembly, and some Democrats voiced disappointment in the tax-cuttin...
Tax rates vary. For example, the CT Lottery automatically withholds a 6.99% tax on all winnings that exceed $5,000 OR exceed $600 and are at least 300 times the size of the original wager. Gambling income accrued from other sources is subject to the state’s standard income tax, which ...
Connecticut Municipal Income Fund(C) A credit-focused approach to single-state municipal bond investing. C Share Class ECCTX Symbol $9.39$0.01 NAV as of Jan 3, 2025 Keep the income. Cut the taxes. Sep 30, 2024 The Fund This offering provides exposure to the Connecticut municipal bond market...
Connecticut's effective property tax rate is 1.79%, ranking fifth nationally. What is the median home price in Connecticut? The median home price in Connecticut varies by county. Windham County has the lowest median home price at $325,560, while Fairfield County has the highest at $650,290....
Connecticut LLCs must collect and remit the state’s 6.35% sales tax and need a sales tax and use permit. If your Connecticut LLC has employees, it must pay unemployment insurance tax.If you opt for your LLC to be taxed traditionally, business income passes through the company to LLC membe...
Whether Connecticut is a good state to start an LLC depends on where you live – and where you’re doing business. Meaning, if you live in or do business in Connecticut, then you should start your LLC there. While many websites talk about tax rates and advantages of certain states, none...
There’s also a 13.75% tax rate on retail sports betting. Bettors are required to pay both state and federal taxes. Connecticut has different rates depending on your overall income, ranging from 3% to 6.99%. What you can't bet on in Connecticut As you’ve seen, Connecticut is very ...
However, the Tax Foundation ranks Connecticut 47th out of 50 states, due to high personal and corporate rates (though its western neighbor, New York, ranks even lower, at 49). Do you need a registered agent for your LLC in Connecticut? Yes. Connecticut state law requires all LLCs to ...
Chinese authorities have asked some state-owned enterprises to phase out using the big four U.S. accounting firms, citing data security concerns,Bloomberg News reported, citing people familiar with the matter. When the contracts were due for renewal, the state-owned enterpri...
Heston T F (October 13, 2023) The Cost of Living Index as a Primary Driver of Homelessness in the United States: A Cross-State Analysis. Cureus 15(10): e46975. DOI 10.7759/cureus.46975Despite these programmatic successes, homelessness rates have risen, underscoring the need for more ...