Pandemic benefit for Americans: is it worth the rush to file a 2019 declaration

The US government plans to pay material assistance to Americans affected by the coronavirus quarantine, and this amount will depend on the recipient's annual income, writes Fox Business. The payout is expected to be $ 1 per adult for individuals with income under $ 200. ...

To flush the toilet and bachelor life: 8 of the strangest local taxes in the US

State tax laws can be complex and unexpected. For example, did you know that Hawaii has a 4% tax on tourist weddings? Here are 8 of the most interesting, according to Tax Slayer, tax laws of some US states. Maine Blueberry Tax According to ...

4 common tax frauds and ways to protect yourself from them

Tax frauds occur all year round, but during tax season (this year is from January 27 to April 15), the number usually increases. Of the tax scams reported in the Better Business Bureau's scam tracker last year, 61% ...

Rating of states with the highest and lowest differences in tax burden for rich and poor

New tax rules take effect this year, and taxpayers are likely wondering what this means for them and their finances. However, people often confuse terms related to taxes such as tax rate and tax burden, writes GOBankingRates. Tax ...

Lawyers sound the alarm: online scammers massively ruin older Americans

Lawyers are sounding the alarm over the massive spread of online fraud targeting a vulnerable population - the elderly. Lawmakers and administration officials are looking to take additional steps to protect unsuspecting Americans. Writes about this The Hill. Experts say that during the tax season ...

From fine to jail time: what happens if you don't pay taxes

Once the IRS finds out that you haven't paid your taxes, the consequences can range from mildly annoying to life-never-the-same-day troubles. The publication Money Talks decided to figure out what threatens tax evasion in the United States. Even if you don't ...

4 legal tax loopholes to save thousands of dollars in 2020

It doesn't matter if you are filing tax returns for the first time or have been doing it for years, you can always find out how to prepare them correctly and save a lot at the same time. There are many strategies or loopholes that you can use to save on taxes, but many ordinary taxpayers ...

Trump plans another tax cut: what the president offers

The president intends to present a package of reforms by September 2020, writes Fox News. The Trump administration plans to put forward a proposal for another tax cut for the middle class ahead of the November elections. The package could include a measure that would provide a large tax break, ...

How much do illegal immigrants cost to taxpayers in the USA

Taxpayers spend up to $ 10 a year in services for each immigrant in the 6 states with the most so-called cities of refuge, according to a new cost report, according to the Washington Examiner. This surge is having a huge impact on small states and is cutting funds for ...

5 important changes in tax form for 2019

The US tax filing season officially kicked off this week. The Internal Revenue Service (IRS) has released a new Form 1040, according to Money Talks News. Your 1040 2019 tax return must be filed by April 15. ...

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