California wants to introduce subsidies for those who want to buy housing

California lawmakers have submitted over 130 bills to regulate the state's housing situation. This is due to the very difficult situation in this market in the region, according to the LA Times. According to the latest statistics, the problem of housing affordability in California has reached critical ...

Handbook for those who pay taxes in the USA

Until April 18, 2017, US residents must report on what they earned last year - submit tax returns (Tax Return). Your tax report is perhaps one of the most important letters you send while living in America. Shouldn't be accurate...

Who and how can get a tax credit with a child or a dependent

If you are working, looking for a job or studying and you have a child or dependent to take care of, then you can most likely use this loan, which is calculated and reported on Form 2441 and on lines 49 on Form 1040, ...

The United States Revenue Service received the right to cancel citizens' passports for tax evasion

Amid controversy and violent protests surrounding Trump's recent immigration order, the US Congress quietly gave the green light to revoke passports for non-payment of taxes. The idea is to use the trip as collateral for paying taxes. This law was proposed back in 2012...

What incomes do you need to file a tax return for 2016 year

The official website of the US Internal Revenue Service has published information for all US residents who are going to file a tax return this year. First you need to figure out who exactly should report to the state. A special table, which is available in Russian, will help determine your status. ...

Trump is going to cut taxes in half

The 45th President of the United States, Donald Trump, intends to almost halve taxes for the middle class and organizations. In addition, he intends to reduce the level of regulation of the system of doing business in the United States, according to CNN. “What we're going to do is massively ...

10 facts about the upcoming tax season

Ahead of tax filing, Forbes published 10 things you need to know about the upcoming tax season. 1. The tax season opens on January 23, 2017. The taxpayer can submit a declaration, either electronically or through a tax consultant.…

How does the USA pay taxes paid abroad?

On January 23, 2017, the IRS will begin accepting 2016 returns. ForumDaily is helping readers prepare for tax season as we publish the official IRS explanation regarding the tax credit. The Foreign Tax Credit is intended to provide tax relief...

How will the change in the interest rate the Fed has on the lives of ordinary Americans

The leadership of the US Federal Reserve System announced an increase in the interest rate by 0,25 percentage points. Economists are confident that one way or another, a change in one of the key macroeconomic parameters will affect all spheres of life. Prices will rise, mortgages will rise in price, loan rates will rise. But…

IRS recommendations: what the taxpayer should do before the end of 2016 of the year

Tax filing season is approaching, but there are things you need to do before the end of the tax year on December 31st to make filing a hassle-free process. A list of recommended actions was published by the US Internal Revenue Service (IRS). ...

210 - 220 of 261