The changes would raise revenue from large, multistate corporations and limit a tax credit that has fostered movie and ...

Connecticut Gov. Ned Lamont (D) presented his $55.2 billion biennium budget to the General Assembly on Wednesday, which ...

Tax relief for middle class families and free pre-school were the focuses of the new budget presented by Governor Ned Lamont ...

In addition to investing in child care, Gov. Ned Lamont's $55.2 billion, two-year budget proposal will include a $50 income ...

Gov. Ned Lamont unveiled his new two-year budget Wednesday that would cut taxes for middle-class families but immediately ...

Travel to Connecticut where Craig Melvin has filled his home with memories of his childhood and is making new ones with his ...

Minority Republicans in the state Senate unveiled a plan Tuesday to drive middle class households’ income tax burdens down as ...

Reinert said investigators found that a vehicle was being driven east on West Center Street when it went off the road and struck a pole. The driver, a 60-year-old Manchester man, was taken to an area ...

Vincent, who was born in Waterbury and attended Yale Law School, served as Major League Baseball commissioner for three years ...

Gift tax rates range from 18% to 40% based on the size of the gift. However, not all gifts trigger this federal tax. In 2025, the IRS allows you to give away up to $19,000 ($38,000 for married ...

The IRS issued final regulations (T.D. 10027) regarding taxpayers who must pay taxes on gifts or bequests that they receive from certain individuals who gave up their U.S. citizenship or residency.