5 tax changes waiting for Americans in 2018 year

While Americans are just getting ready to file their 2017 tax returns, the IRS has already released a number of changes for 2018. USA Today has released a list of changes that will interest most American taxpayers. Standard deduction Standard deduction for married couples who ...

Tax reform will allow American families to save $ 4 thousands per year

President Trump spoke in Pennsylvania to truck drivers, the most common profession in 29 of America's 50 states, to unveil his tax plan. The Voice of America reports that Trump’s speech was intended to challenge the position of independent analysts...

Trump wants to simplify the process of filing tax returns

US President Donald Trump presented a plan for tax reform. Trump described his program in a weekly address to the country. Thus, the administration is going to simplify the process of filing tax returns, lower taxes for families in the middle class, and restore the competitiveness of the American economy. “Today at ...

Americans spend more on taxes than on food and clothing

The average American pays $10 in federal, state and local taxes per year, including $489 on food and clothing, according to the Bureau of Labor Statistics' 9 Consumer Expenditures report. Since 006, the average amount...

San Francisco's exclusive street sold at auction for tax evasion

Thanks to a little-known auction, the South Bay couple became the proud owner of one of the most exclusive streets in San Francisco for just $ 90. This is because homeowners have not paid a $ 100 annual tax in 30 years. Tina Lam and Michael Cheng won in ...

This weekend in Florida you can buy goods without taxes

A tax-free holiday will be held in Florida from August 4 to 6, residents will be able to buy many goods without paying sales tax. In Miami-Dade, it will be possible to save up to 7% or $ 52,50 when buying computers, in Broward, the savings will be 6%. Tax free…

How many taxes do Americans pay compared to other countries of the world?

Many American politicians and residents often criticize the US tax system for being taxed too high. However, if we compare the total tax burden in the United States with the burden in other countries of the world, it turns out that taxes in the United States are not as high as many think ...

6 tips on how to minimize the effects of the new income tax in Illinois

The impact of the 32% income tax hike approved by the Illinois Legislature earlier this month should soon hit wages. “For a lot of people, this won’t be a big deal,” said Jeffrey Harlow, CPA with Kessler Orleans Silver & Co.…

With 1 July, the way credit scores will change

Many people with tax liens, civil lawsuits and medical debts may soon see their credit ratings rise. From July 1, about half of tax liens and almost all pending civil claims (as big negatives) will be removed from consumer credit ...

Seven hidden costs when selling a home

How much will it cost you to sell your own home? More than you can imagine. Homeowners spend an average of $ 15 on a home sale, according to information posted on Zillow and Thumbtack, a local service marketplace. This amount includes commissions ...

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