Distributed by Tribune Content Agency, LLCĪll contents copyright 2023 The Kiplinger Washington Editors, Inc. Recent State Tax Changes You Need to Know AboutĪll contents copyright 2023 The Kiplinger Washington Editors, Inc.Who Benefits From Connecticut’s Tax Relief Bill?.Every 2023 Tax-Free Weekend for Back-to-School Shopping.Income tax cuts in Connecticut will become effective next year, in 2024. The new Connecticut tax law reduces tax rates for middle-income families, increases the state’s earned income tax credit, and expands pension benefits for older adults. Lamont earlier this summer has been described as the largest income tax cut in the state’s history. What are the new tax cuts in Connecticut?Ĭonnecticut sales tax-free week is just one form of tax relief in the state. GovConnectIowa offers taxpayers the ability to manage their business tax accounts in one convenient location, 24/7, including filing sales, use, withholding, and fuel tax returns, making payments, and viewing letters from the Department. For more information, see Connecticut’s sales tax holiday guide. GovConnectIowa is now available for business taxpayers. However, you must pay for the items in full when your place your online order. MOST - 1 City Of Atlanta Municipal Option Sales Tax. Information on the four different TSPLOST (short for Transportation Special Purpose Local Option Sales Tax) in various Georgia jurisdictions. The short answer is yes - your online purchases of items under $100 are exempt during Connecticut’s sales tax-free week. Applies to completing a sales and use tax return (ST-3) on GTC for sales that occur on or after April 1, 2018. States With the Lowest Sales Tax Rates Does Connecticut tax-free week apply to online purchases? Lamont said in a release, adding, “I encourage everyone taking advantage of these savings to shop at some of our state’s locally owned retailers and support Connecticut’s great small business community.” “This tax-free holiday is scheduled at the perfect time to help families stretch their dollars during the back-to-school season while also giving businesses an extra boost to their bottom line,” Gov. This is the 23rd tax-free week that’s been held in Connecticut. Ned Lamont announced the tax break, which, similar to sales tax holidays in other states this summer, comes in time for families who want to save on back-to-school shopping. The sales tax holiday in Connecticut runs for a week, from Sunday, August 20 – Saturday, August 26.Įarlier this month, Connecticut Gov. Connecticut’s sales tax-free week is here (The state’s sale tax holiday is happening now.) Here are some things you need to know before you shop. Over 15 states have held sales tax holidays, or tax-free weekends, this summer, and Connecticut is no exception. Sales tax holidays are offered in many states, allowing shoppers to buy certain items tax-free for a short period.
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