Best Tax Attorneys in Hartford

FAQs

• Where does the Tax Court hold trial sessions closest to Hartford, Connecticut?

  The Tax Court holds trial sessions at Room 619, Federal Building & U.S. Courthouse, 450 Main Street (06103).

• Where is the low-income taxpayer clinic that is closest to Hartford, Connecticut?

  The low-income taxpayer clinic in Hartford is the UConn Law School Tax Clinic.

• What penalties could late tax filers in Hartford face?

  There is a $50 late filing penalty and a 10% interest charge for any unpaid taxes that are not filed on time in Hartford. Only one of these punishments will be used because fines do not accumulate. A late payment penalty will be imposed if both a return and a payment are sent after the deadline.

• Are tax liabilities shared by both spouses in Hartford?

  Yes, both spouses in Hartford, regardless of who earned the income, bear joint responsibility for the complete tax obligation, along with any associated interest and penalties, when filing a joint tax return. Nevertheless, individuals have the potential to qualify for Innocent Spouse Relief under a provision in the tax laws that would exempt them from the responsibility of paying the taxes.

• What consequences does tax fraud carry in Hartford?

  In Hartford, tax fraud has been classified as a class D felony, punishable by a $4,000 maximum fine, one to five years in jail, or both. According to Connecticut General Statutes Section 12-736, fraud is punishable if someone willfully seeks to evade unpaid taxes, fails to pay, sign, and/or submit returns, or refuses to furnish needed information.

• Does someone need to pay tax for properties given as a gift in Hartford?

  In most cases, residents in Hartford do not have to pay taxes on gifts of real estate. However, the beneficiary or recipient may be liable for any unpaid taxes that the donor may be obligated to pay. In addition, if and when the gifted property is sold, income tax may be due.

• Are residents of Hartford still need to file tax returns even if they currently live abroad?

  Yes, residents in Hartford who reside overseas must still file income tax forms, gift tax returns, estate tax returns, and anticipated tax payments in the same way as those who reside in the U.S. Additionally, they must file a return if their total gross income exceeds the amount shown for their filing status in the Filing Requirements table in Chapter 1 of Publication 54, Tax Guide for US Citizens and Foreign Residents.