California and New York lost $ 92 billion due to the rich who left: where are they fleeing and why

The two most populous states with the highest taxes in the country—California and New York—have lost about $92 billion in revenue in two years as a result of residents moving out of those states. What drives this great migration, and where these billions have settled ...

Just filing a declaration is not enough: what needs to be done after you have reported your US taxes

Just because the 2022 tax filing season is over doesn't mean it's time to kick back and forget about taxes. There are still some things you need to do to make sure that everything is in order with the declaration you recently filed…

Biden administration to pay Americans thousands of dollars to upgrade their homes

On August 16, 2022, US President Joe Biden signed the Inflation Reduction Act into law and sent billions of dollars to Americans seeking to improve their homes, businesses, and cars. The Yahoo! edition told in more detail. One provision of the law allows Americans earning less than $150 a year to…

Deadline is approaching: what to do if you can't pay your taxes on time

April 17th is the deadline for filing and paying taxes. But not everyone can pay them on time. Fortunately, the Internal Revenue Service (IRS) offers several payment options after this date. What to do, told the publication Yahoo!. "The IRS...

Not as low taxes as expected: Americans who moved to Florida receive huge bills

Many New Yorkers, thinking that the state will be their tax haven, move to Florida. But in reality, everything is not as colorful as they would like. The Business Insider edition told in more detail. Over the past three years, New Yorkers have accelerated their move...

Former Philadelphia treasurer jailed for tax evasion: he will be deprived of US citizenship

Former Philadelphia, Pennsylvania city treasurer sentenced to prison for immigration fraud and tax evasion. This is stated on the website of the US Department of Justice. Former Philadelphia City Treasurer Christian Dunbar, 42, was sentenced to six months in prison, three years probation,…

Why there is a mass relocation of companies to Cyprus

Cyprus is one of the most attractive destinations for company relocation and migration from different countries. This is due to a number of advantages that the island offers. Let's talk about them in detail. How Cyprus helps companies do business The income tax rate in Cyprus is…

How to get a transcript from the IRS so that you don't make mistakes on your return

Whether you're filing a simple or complex tax return, it's important to make sure it's thorough, and you can have free online tools in the form of IRS (Inland Revenue Service) transcripts to make the process easier. What it is…

What happens if you do not pay taxes in the United States

People don't file tax returns for a variety of reasons: a difficult divorce, the death or illness of loved ones, and sometimes they just don't want to, thinking that the IRS just won't notice. Bloomberg explains what happens if you decide not to file a declaration. First, nothing...

Don't Believe the US Tax Myths: What You Need to Know Before Filing in 2023

You may have heard that many taxpayers are in for a big surprise this tax season if they expect a big refund check or close to what they received last year. But this is rather from the category of so-called tax ...

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