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Old 10-09-2010, 09:59 PM
 
6 posts, read 19,078 times
Reputation: 13

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Quote:
Originally Posted by S2000 View Post
YES, that is true and why I choose to live in CT . It sounded as if the OP was only using CT as a place of record while he consulted all over the country. If I was him I would just register in one of those tax free states while working in the respective consulting assignment's location.
Yes, S2000 that is correct. I am a aircraft design engineer and this industry is in a severe downturn. In Wichita where I was working there are five major aircraft companies and they have been taken over by the big defense corporations which have outsourced most of manufacturing. One third of the manufacturing workforce is laid off or about to be. It's not getting the news in the media (cough) as usual.

In CT there is a similar trend with Pratt & Whitney, GE plus others. I never saw CT as having a good job market except for insurance, banking and other Madoff type investing schemes. There is very little manufacturing left in the whole state, that is why I got out of CT to begin with.
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Old 10-10-2010, 11:03 AM
 
Location: Brookfield CT-Sarasota FL
222 posts, read 854,738 times
Reputation: 86
It's business, no difference in any other state. Ct is a bedroom of NYC, so you have to pay if you want to live here.

Hope the audit goes well.
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Old 10-10-2010, 11:10 PM
 
6 posts, read 19,078 times
Reputation: 13
Quote:
Originally Posted by renovating View Post
The state can go back 15 years however, it is unlikely they will prosecute beyond 7 years.

You are already in a ***tload of trouble as you have ruined your credit rating. In these times, not many can afford to do that.....seek out a professional.
Bullsh*t! How did I lose my credit rating! My credit is fine. It's the governments credit rating that's failing.
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Old 10-11-2010, 07:15 AM
 
Location: Connecticut
34,926 posts, read 56,924,455 times
Reputation: 11220
Quote:
Originally Posted by 12 gauge View Post
Bullsh*t! How did I lose my credit rating! My credit is fine. It's the governments credit rating that's failing.
I would not be so sure of this. Again, talk to an accountant. Jay
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Old 11-11-2010, 10:32 AM
 
1 posts, read 2,375 times
Reputation: 10
I don't see why your credit would be affected...yet. You were just notified that you need to get it taken care of. You aren't late on anything yet. I moved to CT from Texas for one of those big insurance companies as a systems engineer as a consultant. CT seems to be where most of the work is but I go to other states as well. CT has been my home of record if you want to call it that. I have my drivers license issued there but I consider myself a partial year resident. What you probably should have done is file a Nonresident state tax return for CT. You will still put down what you earned outside of CT but you wouldn't be taxed on that. A partial year state tax return is another option. Thats what I do as well as any other states I worked in that year.
Yeah 7 years is how long they can go back but I would keep all tax returns and receipts for as long as you absolutely can.
Speaking of police state, I was hassled by a CT cop for a second car of mine that is registered in Texas that I intended to reregister after I got it to CT but they guy was such a jerk I think I'm going to change my home of record back to Texas too. I'm done here. I like the no open container laws and the cooler weather but that's about it.
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Old 11-11-2010, 10:46 AM
 
10,007 posts, read 11,158,193 times
Reputation: 6303
Quote:
Originally Posted by 12 gauge View Post
I am a contractor generally so I am located in the state where the job is. I use CT as my home of records. Recently, I received a notice from the state of CT that I owe $3000 in back taxes for 2006 in CT.

Now I worked in TX for most of 2006 until Oct, then I went to my folk's home in CT which is what I use for home of records for a short visit.

The question is how far can the state of CT go back to review my records? I think that the Federal Tax people are only allowed to go back two years, but I may be wrong on this.

Can anybody assist me?
This might help. We moved to NC in December of 2006. Paid taxes in NC for 2006 ..they owed us a few dollars. Well, they never got the return. I wrote letters and the like, but never heard from the state. I figured since they owed us a few dollars it wasn't worth the hassle of trying to get it so I let it go. Well, this year we got a bill for some ridiculous sum of money. They were looking for that return. We redid the 2006 taxes and when they saw they owed us money ..we got a check. But here is the thing. The reason the tax bill was so high was since they never got a tax return, they assumed a full years worth of taxes even though we were only in the state the last month. The state doesn't know how long you were there if you didnt file and will assume it was all year and tax accordingly. I would think you could just submit the part you were there and that should suffice?
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Old 11-11-2010, 01:14 PM
 
Location: Florida
11,669 posts, read 17,944,080 times
Reputation: 8239
CT had no state income tax until Governor Weicker's reign in 1991-1995. Of course, a democrat. Only gives me shivers to think what Malloy is going to do in the realm of taxes.

Lowell Weicker, Governor of Connecticut
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Old 11-11-2010, 01:26 PM
 
8,777 posts, read 19,858,935 times
Reputation: 5291
Quote:
Originally Posted by nep321 View Post
CT had no state income tax until Governor Weicker's reign in 1991-1995. Of course, a democrat.

Huh?
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Old 11-11-2010, 01:38 PM
 
Location: Cheshire, Conn.
2,102 posts, read 7,757,102 times
Reputation: 539
There were several posts on Weicker not too long ago.
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