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New Haven County, CT Real Estate News

By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Market Trends For Waterbury CT's West End Side, Zip 06708  April 23, 2024The 06708 Zip code encompasses the west side of Waterbury with 4 neighborhoods known as Brooklyn, Town Plot, Lower and Upper Bunker Hill. It is also the largest zip code in Waterbury. There are currently 19 active listings in the 06708 zip code with the average value of the homes for sale in Waterbury's 06708 zip code available for sale is $304,769 with average days in market of 73. There are also currently 17 properties under pending status and 22 properties under hard deposit contracts.For the year 2023 there were 257 closed listings in the 06708-zip code of Waterbury with an average sales price of $277,154 and average days on market of 38.  In addition, the closed properties sold at 100% of list.This suggests an...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
Recently, the IRS and United States Department of Justice (“DOJ”) have been criminally prosecuting more payroll tax cases than ever before.  Several years ago the decision was made to focus on payroll tax cases for both civil and criminal enforcement, given the importance of payroll taxes to the federal income stream.When it comes to charging taxpayers criminally for the failure to account and pay over payroll taxes there are three main statutes the IRS and DOJ use: IRC § 7202 (the felony statute for payroll tax violations), IRC § 7215 (the misdemeanor statute for payroll violations) and IRC § 7201 (Tax Evasion).IRC § 7202 - Willful Failure to Collect or Pay Over TaxIRC § 7202 makes the failure of an employer to account and pay over the payroll taxes a felony.  IRC § 7202 was designed p...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
Businesses that fall behind with payroll taxes are the number one source of new clients for most tax rep professionals.  The IRS takes payroll tax debts very seriously, as it is a double whammy on the government: it does not receive the tax money, and yet it will be issuing refunds to the taxpaying employees when they file their 1040 tax returns.So the IRS has a letter it sends to employers, Letter 903, that outlines the number of enforcement actions that may occur if the employer does not change course and pay the taxes.  These include any and all of the following: File a Notice of Federal Tax Lien (NFTL) to protect the government’s interest. By filing this notice, we are making a legal claim to your property as security for the payment of your tax debt. An NFTL is a public notice to y...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
Businesses that fall behind with payroll taxes are the number one source of new clients for most tax rep professionals.  The major issue many of these clients has is confusion about what to do first.  Often we hear “I should make a payment against the oldest period first, that way the IRS knows we are serious.”No they don’t!The IRS does not think that way.  The first step to do anything with the IRS is to get into tax compliance first.What is “Tax Compliance”?In order for the business to have any chance of surviving the tax debt issue is being able to get back into tax compliance, meaning it is filing and paying the payroll taxes on time.  If the business is unable to do this, then it needs to shut down, or the IRS will force the issue by levying the bank accounts and effectively making...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
Businesses that fall behind with payroll taxes are the number one source of new clients for most tax rep professionals.  The first three issues that must be dealt with are: Can the business get into and maintain tax compliance? Is this business viable in its current form? If the business is not viable in its current form, can it be restructured to be a viable ongoing concern? Tax ComplianceIn order for the business to have any chance of surviving the tax debt issue is being able to get back into tax compliance, meaning it is filing and paying the payroll taxes on time.  If the business is unable to do this, then it needs to shut down, or the IRS will force the issue by levying the bank accounts and effectively making it impossible to operate.  The reason is that, if the business is not ...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
We frequently have taxpayers arrive in our office with collection notices for an IRS balance due that they believe they do not owe.  Whether due to not receiving the notice of proposed changes (CP-2000), or because they submitted records that were ignored by the IRS, these taxpayers are now facing balances with penalty and interest they should not have to pay.More often than not it is the Final Notice of Intent to Levy and Your Right to a Hearing (CP-90) that gets them to act and contact us.  Other times it is the Notice of Federal Tax Lien being filed that triggers the response. In either case, the first move is always to request the Collection Due Process hearing (“CDP”) and prepare for the hearing.  This will prevent any levy from being issued and allow us to work out a collection al...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Happened in The Prospect CT Real Estate Market Prospect March 2024?   Prospect CT is a town of App 11,000 residents located in New Haven County. It is bordered by Waterbury, Cheshire, Naugatuck and Bethany.  Once noted by Money Magazine as one of the top 300 towns in the Nation, it has since adopted the title of Best Small town in CT.It serves as a predominately residential community whose residents commute to the nearby towns.  It has a well recognized Regional school system shared with Beacon Falls CT.  It is also recognized as a well-managed town with taxes under control.  Search for homes in Prospect CTCurrently in Prospect CT there are 9 active residential listings for sale. The homes for sale in Prospect CT range from a 924 square ft, 2-bedroom mobile home listed at $100,000 ...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Blooms A Poppin in Prospect CTSpring is starting to show signs of its presence here in Prospect, CT and a welcome sight it is.I was walking up the driveway and took a look at the front yard and the blossoms that are displayed.  It made me smile for its depth of color and it was mainly the daffodils.Even the hyacinths that were barely showing a week ago, were standing high.Closer to the driveway, where I had a tree removed, the daffodils are filling in nicely.In the back yard, the hedge of forsythias are almost at full bloom, and with it will come the pollen that signifies spring for those that suffer from allergies.Not quite three as yet are the mountain laurel with it's pinkish-red color.We are supposed to have warmer weather this week so these colors will certainly progress well.It is...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags: Jarjura's,  A Waterbury CT Year-Round Farmers MarketThe flag for this week was easy to spot as the wind was blustery. It stood outside a Waterbury CT Landmark at the edge of the parking lot of Jarjura's Farm Market.Established in 1917, this market has been selling wholesale and retail fresh fruits and vegetables all over the State of CT, and in 1993 opened its retail outlet.To this day it is a family run operation, and they stock the retail side with produce regularly and often items not found in some of the larger stores in the area.https://youtu.be/jG8AC0J3xaQThe market is just off the downtown area and astride the highway that traverses through the town.My wife shops here regularly and I will get our garden plants here when the time comes in May. Friday Flags: Jarjura's...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Total Eclipse of the Sun 2.08.24The celestial bodies offer up images on a somewhat frequent basis, which is when the path of one celestial body is blocked by another and the image or shadow falls on the last of the 3.It can be in the form of a lunar eclipse, when the earth takes a path between the sun and the moon, and the earth's shadow is shown on the lunar (moon's ) surface, or as happened this past Monday, a solar eclipse in which the moon aligns in the path between the earth and the moon and blocks the sun from the earth.There are numerous eclipses annually that fall all over our planet, and on occasion they are viewable from land.This latest eclipse was viewable in a swath across our country and passed though the Northeast. It began around 2:44 and lasted maybe a total of 15 minut...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
The NCAA Men's Tournament is Down to its Last GameThe practices started back in late August of 2023 and for many the games were for records in very early November. Back and forth the 2 teams that meet on Monday night jockeyed nationally while taking care of their business within their conferences. The rankings meant little except for the prestige it carried, and maybe to move an eye of a potential recruit to wonder what it would be like to wear that uniform.It's almost all over now, and on Monday April 8 at 9:20 EST, it's tip off to see who remains the last team with a win.UConn Huskies vs Purdue Boiler Makers  Both are #1 seeds, with UConn be recognized as the first #1.  Purdue has never played for a National Championship, while UConn is playing for their 6th, and also playing for back...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Spring 2024  March Rains Led to April FlowersTh expression has always been April showers lead to May Flowers.  In years past that may have been the case, but I noticed while taking a light stroll along the yard this morning, that the flowers aren't waiting for much warmer weather.In fact, they aren't even concerned that the spring debris cleanup has yet to be done.We have daffodils all over the yard and as they are so good about regenerating themselves, they are not only stronger but also thicker.I know there are several varieties of daffodils, but the best I can do is large and small, yellow and white.Same with the hyacinth, and at least one of the clumps has far more this year than they had last year but still a little too early for them to fully blossom.It just cheered my soul to see...
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
In this week’s podcast Heather Satterly, the Director of Education and Media for Woodard sits down with me to discuss the highlights of this year’s conference, and she and I discuss why the conference is such an unbelievable experience for both training and software solutions.Check out the podcast episode on spotify here: https://open.spotify.com/show/3wPwJovs3sbCQjczMxli3S 
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags In Waterbury CT's West SideEarlier in the week while leaving the Waterbury Hospital entrance, it appeared that the flag winds were trying to make me wait longer than I wanted for a photo.With a little patience, however, the winds cooperated, and I got a photo that I could be pleased to offer up today.Even it if took a change in wind direction to get it done. Friday Flags In Waterbury CT's West Side
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
The NCAA Men's Tournament is Down to the Final 4A season's worth of games and the ups and downs have brought us to the final weekend of the College basketball season.Saturday will be the day for the stage to be set for the Final 2 to play Monday night for the National Championship.Many a bracket has been destroyed for the loses along the way, but there are some out there that have at least 1 or 2 of the teams above fighting through to the Championship.The seatings are:NC State vs Purdue  Tip off at 6:09 PMUConn vs Alabama   Tip of at 8;49 PMThe site is State Farm Stadium in Glendale AZThe nerves will be frayed this week and so many have UConn projected as the favorite to repeat as Champions but there are 3 teams that are there to try and not make that happen.May the best team win.Go UCo...
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags A Bit of Texas in ConnecticutWe have a couple of big box stores in Waterbury, and they are relatively close to each other.I was on my way to one when the restaurant adjacent was calling to me.This gave me an opportunity to not only offer our proud American flag in the breeze, but also the National Flag of Texas right beside it.After a couple of comments from citizens of that country on my recent flag post, I wanted them to know that it is easy to flag photos if you just take the time.This took me all of 5 minutes from getting my gas, but the satisfaction was well worth it.The wind kicked up enough for me to get the last shot as well. Friday Flags A Bit of Texas in Connecticut
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Prospect CT Annual Easter Egg Hunt Mar 30, 2024 The Annual Easter Egg hunt will be Saturday, Mar 30 at Hotchkiss FieldThe hunt will start at 11:00 AM sharp and there will be age categories.All are invited to attend but don't be late!Th eggs will not only have candy, but there will also be special mystery eggs with gift cards.    Also, the Fire Department Lady's Auxiliary will be selling easter flowers.Hours are:    Friday   9:00 AM to 3:00 PM                    Saturday 9:00 AM to 3:00 PM Come out have some fun and get flowers for those special people in your lives.   Photos from Prospect CT Community Pages Prospect CT Annual Easter Egg Hunt Mar 30, 2024
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By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
Joining me, Eric Green, on this week's Tax Rep Network Podcast is the Director of IRS Collection Policy, Rocco Steco, to update everyone on where the IRS is right now in terms of turning back on the automated enforcement and what we and our clients can expect in the coming year.You can watch the video on YouTube here: https://www.youtube.com/watch?v=OWGerNZLAY8You can listen to the Tax Rep Network Podcast on all podcasting channels. 
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
Friday Flags A Patriotic Prospect CT DentistGetting back to life in Prospect CT, it was time for a trip to the dentist to get the teeth cleaned.I have been coming to the office for almost 30 years and even wt. a change in ownership there was no question as to the loyalties of the office.It's early spring and that means winds so very little time spent waiting for the perfect shot, unless it's too much wind.As they are only 3 miles from home also helps and hopefully while I still have my own teeth, I will be there at least a couple of times a year. Friday Flags A Patriotic Prospect CT Dentist
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By Ed Silva, 203-206-0754, Central CT Real Estate Broker Serving all equally
(Mapleridge Realty, CT 203-206-0754 )
What Happened in The Prospect CT Real Estate Market Prospect February 2024?   Prospect CT is a town of App 11,000 residents located in New Haven County. It is bordered by Waterbury, Cheshire, Naugatuck and Bethany.  Once noted by Money Magazine as one of the top 300 towns in the Nation, it has since adopted the title of Best Small town in CT.It serves as a predominately residential community whose residents commute to the nearby towns.  It has a well-recognized Regional school system shared with Beacon Falls CT.  It is also recognized as a well managed town with taxes under control.  Search for homes in Prospect CTCurrently in Prospect CT there are 9 active residential listings for sale. The homes for sale in Prospect CT range from a 924 square ft, 2-bedroom mobile home listed at $110,0...
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