Connecticut Department of Revenue Services

Business
10:52 pm
Mon February 9, 2015

Connecticut To Super-Rich Residents: Please Don't Leave Us

If you're a billionaire living in Connecticut, chances are the tax department is keeping an eye on you.

In a state home to some of the richest Americans, tax officials go to some lengths to keep them — or, more accurately, keep the billions of dollars in revenue their income taxes generate.

Connecticut tax officials track quarterly estimated payments of 100 high net-worth taxpayers and can tell when payments are down. Of that number, about a half-dozen taxpayers have an effect on revenue that's noticed in the legislature and Department of Revenue Services.

Read more
Government
12:22 pm
Thu February 5, 2015

Report: Connecticut Tax System Unfriendly To Families

Credit (AP Photo/Damian Dovarganes)

A new report says Connecticut’s tax system is unfriendly to many caring for dependents.

The advocacy group Connecticut Voices for Children published the report this week.  

Nick Defiesta is a fiscal policy fellow with the group. He says Connecticut is one of two states with an income tax that doesn’t adjust its income tax for the cost of caring for a dependent.

Read more
Illegal offshore accounts
7:38 pm
Thu March 13, 2014

Conn. tax officals want to go after illegal offshore income

Connecticut ‘s Department of Revenue Services wants to go after taxpayers with incomes in illegal offshore tax shelters, even if they no longer live in Connecticut. The department made the case to state lawmakers on Thursday.

Read more
Business
10:14 am
Fri December 6, 2013

Data breach at JP Morgan Chase may have affected 7,000 people in Conn.

People stand in the lobby of JPMorgan Chase headquarters in New York. (File photo)
Credit AP Photo/Mark Lennihan

Connecticut officials say they've learned that about 7,000 people in the state may have had their personal information put at risk due to a data breach at JP Morgan Chase.

The bank says the breach might have affected about 465,000 around the country who have a UCard, a prepaid debit card, and use its website. 

Read more