Why taxes in California, New York and Illinois may soon increase

Connecticut is considered the richest state in the country on a per capita basis, but the state has a debt of more than $ 53 billion. This means that taxpayers may have to save the state through higher taxes, writes Fox Business. Connecticut isn't the only state fighting ...

Europe and the United States entered into a truce truce

The US and the EU have agreed to refrain from introducing new duties during negotiations to resolve trade disputes and to reevaluate US-imposed duties on steel and aluminum, as well as EU responses. This was announced on Wednesday, July 25, by the head of the European Commission (EC) Jean-Claude ...

Thousands of Americans with tax debts may be left without passports: what you need to know

At least 362 Americans with tax arrears will be ineligible to obtain or renew a US passport if they do not settle their tax debts. The law was adopted at the end of 000 and came into force in February 2015, ...

Trump has promised to further reduce taxes

The corresponding initiative may be presented as early as October, the US President admitted. Under this reform, according to the politician, corporate taxes in the United States will be reduced from 21% to 20%. US President Donald Trump has announced what he expects: in October ...

In California, among the tax evaders were famous people

In California, there are several new names on the state's list of 500 tax evaders, but quite a few old offenders. The list of tax evaders was the queen of reality TV Tori Spelling, whose father Aaron Spelling was one of the largest TV producers with the time of "Dynasty" and ...

Trump called the date of input duties on imports from China for $ 60 billion

The US President "changed course" and decided to impose tariffs on Chinese goods, despite the fact that on May 20, Washington and Beijing came to the first agreement on negotiations to avoid a trade war. In June, the United States will introduce 25 percent customs duties on imported from ...

Trump plans to further cut taxes

The head of the White House emphasized that these measures will be “very special.” US President Donald Trump said that he will present a new initiative to cut taxes in the country before the midterm elections to Congress, which will be held in November 2018, TASS writes. "We are going to present...

An elderly gangster from New York is accused of tax evasion

The aging mobster pleaded guilty to attempted tax evasion in Brooklyn federal court, avoiding paying taxes on $2 million in profits from a 2014 real estate sale. Salvador "Sallie" DeMeo is a famous gangster from the "family"...

What to do if you report taxes but receive a letter from the IRS

If you receive a letter from the IRS after filing your tax return, it may not always mean that you are in trouble. Consumer Reports has compiled information on what letters the IRS can send and how to respond to them. Firstly, do not delay, the letter ...

How does the tax declaration system work in the USA

In Ukraine, not so long ago, they introduced a mandatory electronic declaration of wealth, income and expenses for civil servants, deputies and some categories of public activists. You can often hear calls for the mandatory declaration of all categories of the population and comparison with mandatory tax returns in the United States. ...

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