Lying about your income is a tax fraud, Forbes reminds. It would seem that in order to avoid paying taxes, people should underestimate their income. But, surprisingly, many taxpayers, on the contrary, overcharge in order to receive large fraudulent tax refunds. What Happens When Taxpayers Lie To ...
If you're one of the estimated 15 million U.S. taxpayers who asked the Internal Revenue Service (IRS) for an extension to file their taxes in April, the time to submit returns and transfer funds is almost over. USA Today tells what it's worth...
It's not just federal tax changes that are causing people to move from state to state—it turns out that tax hikes across California are driving wealthy people out of the region in droves. A new study released Oct. 7 found that when California raised its income tax rates, it caused...
On Wednesday, October 2, the Trump administration announced tariffs on European aircraft, French wine and cheese, Spanish olive oil and other goods. The innovations will come into force on October 18, 2019 as a consequence of the fact that the World Trade Organization (WTO) ...
US President Donald Trump on Thursday said he was working on "substantial" tax cuts for middle-income Americans, without going into details of the upcoming innovations. Speaking to Republicans in Baltimore, Maryland, at the annual retreat, he said that ...
Chicago is often called the “Second City” - it is the second largest financial center in America after New York. But when it comes to high sales taxes, Chicago is rightfully number one in the United States. Chicago takes first place along with two cities...
The typo saves homeowners in one Pennsylvania county about $ 32 in property taxes, but costs the school district roughly $ 895. In June, the interim general manager, by order of the Pennsbury School District in Bucks County, incorrectly set the tax for this school year at 000 ...
Recently, changes in the US tax code have prompted more people to move - to move their money to states with lower taxes, such as Florida. Fox Business writes about this. However, as it turns out, Florida was betting on such...
Millions of American families with children in high school or college can save a few dollars ahead of the school year. 13 US states are running duty-free sales specifically for students and their parents. Nine states have tax holidays on their first weekend ...
President Trump was so displeased when the acting White House chief of staff coughed during an interview with ABC's George Stephanopoulos in the Oval Office last week that he asked his employee to leave the room. Trump was asked about his ...