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Homeowners with crumbling foundations will be able to carry back two years and forward 20 years their "net operating loss" from repairing their foundations, according to new IRS guidance. Simply put it means homeowners who identified their losses to local tax assessors before Jan. 1, 2018 will be able to get back what they've paid in federal taxes to help cover the cost of repairs.
Their demise technically came Tuesday when the Congressional Budget Office calculated the federal deficit at $895 billion for the first 11 months of fiscal 2018 - a stunning gap that was met with a collective shrug on Capitol Hill. But the real death of the deficit hawks came late last year and early this year, as Republicans such as Speaker Paul Ryan of Wisconsin who had railed against deficits in the first years of the Obama administration pushed through a massive tax cut despite CBO projections of a surge in federal borrowing.
The Connecticut Coastal Chapter of RESULTS visited Washington D.C. Monday for the groupA's annual conference. During a visit to Capitol Hill, they met with several of their legislators, including Congressmen Himes and Courtney, and Congresswoman DeLauro.
A Mississippi congressman is urging his Connecticut colleagues to meet with NAACP members to discuss concerns about racial discrimination at the Coast Guard Academy. The Day newspaper reports Democratic Rep. Bennie Thompson recently talked about those concerns with NAACP members in New London, the academy's home.
To continue reading this premium story, you need to become a member. Click below to take advantage of an exclusive offer for new members: U.S. Rep. Joe Courtney, D-2nd District, and Niharika Burugapalli of East Lyme pose in front of her painting “The Golden Cup”.
Russian ships are skulking around underwater communications cables, causing the U.S. and its allies to worry the Kremlin might be taking information warfare to new depths. Is Moscow interested in cutting or tapping the cables? Does it want the West to worry it might? Is there a more innocent explanation? Unsurprisingly, Russia isn't saying.
To continue reading this premium story, you need to become a member. Click below to take advantage of an exclusive offer for new members: Dan Meiser, owner of the Oyster Club at 13 Water St. in Mystic, speaks with executive chef James Wayman on April 16, 2014.
Crewmembers serving aboard the USS John S. McCain were overworked, unprepared and unhappy in the year leading up to its collision with a merchant vessel in the Pacific that killed 10 Navy sailors, according to a report obtained by UPI. In a 163-page report detailing the results of a mandatory climate survey aboard the Navy destroyer, its 142 crew members rated 17 of 18 major categories "below service average."
Two US Navy destroyers involved in deadly collisions this year -- the USS John S. McCain and USS Fitzgerald -- had lengthy records of expired training certifications and some requirements had lapsed for more than two years, according to a new report obtained by CNN. New data submitted by the Government Accountability Office in response to questions from Rep. Joe Courtney, a Connecticut Democrat, confirmed CNN's previous reporting that both the McCain and Fitzgerald failed to fulfill key training qualifications ahead of the incidents that occurred this summer.
CT Department of Consumer Protection A cracking foundation Washington - U.S. Reps. John Larson and Joe Courtney had good news Wednesday for Connecticut homeowners with crumbling foundations - the Internal Revenue Service will allow them to take a casualty loss for money spent to fix the foundations.
Connecticut's two U.S. senators are urging the Department of Interior to clarify that a joint casino venture between the Mohegans and Mashantucket Pequot tribes planned north of Hartford complies with a gambling compact with the state. The agency hasn't ruled one way or another on the legality of the project, creating a degree of uncertainty for the tribal owners of Mohegan Sun and Foxwoods as they look to build a casino in East Windsor to compete with an MGM resort that is scheduled to open next year in Springfield, Mass.
CT Department of Consumer Protection A cracking foundation WASHINGTON - Reps. Joe Courtney and John Larson asked Treasury Secretary Steven Mnuchin on Monday to allow a tax break for thousands of Connecticut homeowners plagued by crumbling foundations.
Following the inclusion of $5 million for the National Coast Guard Museum in the federal spending bill working its way through Congress, several of Connecticut's congressional delegates are reviving a bill to create a commemorative coin that would help to raise money for the museum. U.S. Sens. Chris Murphy, D-Conn, and Richard Blumenthal, D-Conn., and U.S. Rep. Joe Courtney, D-2nd District, on Wednesday reintroduced the United States Coast Guard Commemorative Coin Act, which would require the U.S. Treasury to create new $5 gold coins, $1 silver coins and half-dollar coins.
The bill - H.R. 1313 , called the Preserving Employee Wellness Programs Act - would allow employers to seek the genetic and family health information of their employees and would allow employers to penalize employees who keep their information private, according to Stat , a health-oriented news site produced by Boston Globe Media. The measure was approved by the Education and Workforce Committee with a 22-17 vote as a part of two other proposals.
U.S. Rep. Glenn 'GT' Thompson has introduced a bill that will invest in the next generation of farmers and help them pay back their student loans through an existing program geared toward public service. H.R. 1060, the Young Farmer Success Act, is a bipartisan bill sponsored by Thompson, Rep. Joe Courtney and Rep. John Faso in an effort to preserve America's agricultural economy and the security of its national food supply.
To continue reading up to 10 premium articles, you must register , or sign up and take advantage of this exclusive offer: The Virginia-class attack submarine South Dakota is under construction on the waterfront at General Dynamics Electric Boat in Groton, Conn., Friday, Jan. 27, 2017. President Donald J. Trump commented in an interview on Fox News that he supports construction of more submarines but wants them to cost less.
Hundreds of charter buses filled the parking lots at RFK Stadium by 8:30 a.m. Saturday as thousands of people from across the country descended on the city for the Women's March on Washington. On the morning after President Donald Trump was inaugurated, a procession of women and men made their way to a nearby Metro station to take the train to the start of the march.
House Democrats led a 26 hour protest in the House of Representatives to call for new gun legislation in the wake of the Orlando Pulse shooting in June. The protesting Democrats sat on the floor of the House and refused to move.
The Federal Rail Authority today released the Tier 1 Final Environmental Impact Statement for NEC FUTURE and it is now available for download at www.necfuture.com . The preferred route includes the controversial Old Saybrook to Kenyon, R.I., by-pass which runs through Old Lyme, and a tunnel in the same area.