202406.04
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CT: Unique Tax Exemption for Professional Athletes

by Chanel Christoff Davis in Articles, Connecticut, Connecticut, Sales Tax, State Sales Tax Laws, Tax Exempt

CT: In Connecticut, professional athletes enjoy a unique tax benefit that sets them apart from their peers in other states. The state allows these athletes to write off clothing and personal safety equipment expenses. However, it’s important to note that this exemption is specific and limited to items that can be worn, such as life…

201710.25
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Connecticut Gives Taxpayers a “Fresh Start”

by Chanel Christoff Davis in Amnesty, Connecticut, Sales Tax

Connecticut- Governor Dannel P. Malloy announced earlier this year a voluntary “Fresh Start” program targeting unreported and underreported tax obligations due by 12/31/16. The program began 7/1/17 and will end 10/31/18. Delinquents would be eligible for reductions in interest and penalties but could forfeit any of the breaks if they fail to comply for the…