Taxes are a burden for everyone. When times are tough, it can be difficult to get the money to pay your taxes or find the time to file them. However, if you fail to file or pay your state income taxes, you could face serious consequences. It is important to act quickly to resolve your tax concerns so you can avoid penalties, interest and potential jail time.
At The Law Offices of Neil Crane, LLC, we understand how overwhelming delinquent Connecticut state income tax can be. Our tax relief attorneys can help you understand your options, devise a workable solution and guide you through the process of resolving your tax concerns with the Connecticut Department of Revenue Services.
Penalties, Interest and Criminal Charges for Delinquent State Income Taxes
The longer you wait to file or pay your Connecticut state income taxes, the worse your situation can become. First, penalties and interest will be added to the amount you already owe.
- $50 penalty for late filing
- Penalty of a percentage of unpaid taxes for late payment
- Interest charged for each month that you do not pay
This can add up quickly and lead to even more overwhelming debt if you do not take care of it right away.
Additionally, if the Connecticut Department of Revenue Services finds that you have willfully understated your taxes or blocked the department from collecting taxes, you can be charged a penalty that is equal to the amount you owe. This effectively doubles your taxes, which can be an enormous strain on any individual, family or business.
If you refuse to pay your taxes or keep tax records with malicious intent, you can be charged with criminal fraud.
Stopping Collection Actions
Connecticut will not simply sit idly by and wait for you to pay your income taxes. They can take action to collect the income tax they believe you owe. This includes:
- Wage garnishment
- Seizure of assets (known as levying)
- Placing a lien on your property
If the state has taken action against you to collect on your tax debt, we can help you. Since 1983, our attorneys have helped clients obtain debt relief from unpaid state income taxes in Connecticut. You don’t need to handle your tax debt issues alone. We will stand by your side and provide you with the advice and representation you need when facing a collection action before the Connecticut Department of Revenue Services.
We will walk you through your legal options, including:
- Submitting an offer-in-compromise if you cannot afford to pay the taxes
- Obtaining an installment agreement so you can pay your tax debt over time
- Submitting a penalty waiver if you had reasonable cause not to pay or file your taxes
Our experience extends beyond handling tax debt issues. Our attorneys focus our practice on handling all types of debt relief, including bankruptcy, modifications and other solutions. If your debts are out of control, bankruptcy can help you to stop collection actions, including actions by the Connecticut Department of Revenue Services, and get your finances back under control.
Contact Our Connecticut Back State Income Tax Attorneys
Turn to our firm for experienced guidance with any tax debt issues you face. Call us today at 203-230-2233, or contact us online for a free initial consultation. We have office locations in Hamden, New Haven, Bridgeport, Ridgefield, Waterbury and Rocky Hill.