crumbling basements

  • crumbling foundations Apr 23

    State Crumbling Basement Help Not Taxable in Most Cases: IRS

    There is a big development for homeowners who got state help to fix their crumbling basements. Congressman Joe Courtney has received guidance from the Internal Revenue Service (IRS) that financial help homeowners received from the state to help replace their basements will not be taxable income. The exception:  if a homeowner claimed a property casualty loss for the basement...

  • crumbling foundations Mar 17

    More Time to Apply for Help With Crumbling Basements

    The deadline to apply for help if you have a crumbling basement in the first half of 2020 has been extended, thanks to an error. A miscalculation by the program helping people in Connecticut with crumbling concrete basements means it has moved the deadline to apply for help until June 30. The Connecticut Foundation Solutions Indemnity Company, or CFSIC, had…

  • crumbling foundations Mar 2

    Where Are the Most Crumbling Basements in Connecticut?

    More than 1,700 homeowners with crumbling concrete basements have now requested assistance from a state program giving out grants to help repair them. The Connecticut Foundation Solutions Indemnity Company, or CFSIC, says towns with the most applicants include Vernon with more than 300, followed by Tolland, and Manchester. More than a half dozen towns have 100 or more people saying…

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