Tag: Taxes

  • Veterans Connecticut Tax Exempt

    Veterans Connecticut Tax Exempt

    Full Property Tax Exemption for Certain Veterans With Disabilities

    The legislature passed a new law that fully exempts from property tax a primary residence or motor
    vehicle for each former veteran who has a permanent and total (100%) disability rating. The
    exemption may also be transferred to a veteran’s spouse or minor children in certain
    circumstances. The eligibility criteria and application requirements for this new exemption are
    generally the same as those for the existing disability rating-based exemption for veterans (PA 24
    46, effective October 1, 2024, and applicable to assessment years starting on or after that date).

  • Who Benefits From the New #TAXBILL ?

    As they pushed their sweeping tax bill through Congress, Republicans made two central promises. First, that the bill would simplify the U.S. tax code, allowing citizens to file their taxes “on the back of a postcard.” And second, that the overhaul would primarily benefit working Americans and the middle class. The first claim proved false.…

    via The GOP Tax Bill Isn’t for the Middle Class. And It Was Never Meant to Be — TIME

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