IRS reports good news for US taxpayers

The Internal Revenue Service (IRS) will allow more people to file tax returns for free in 2020, writes USA Today. On Monday, the IRS made an addition to its Free File program, which is an agreement with a dozen tax preparation firms, including H & ...

Key changes: what you need to know about taxes in 2020

It's never too early to start saving money for retirement and cutting your tax bill. The IRS has adjusted inflation for a range of rates, from the amount you can contribute to a 401 (k) pension plan to individual income tax rates, CNBC writes. Pay ...

Father and daughter from Florida lied about lottery winnings and received millions of dollars from the IRS

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 ...

Tax filing deadline is approaching for those who requested a deferment: what you need to know

If you are one of the approximately 15 million US taxpayers who applied to the IRS to extend their filing deadlines in April, you know that the time for filing returns and funds is almost over. USA Today talks about what it is worth ...

Tax increases force millionaires to leave California

It's not just federal tax changes that are forcing people to move from state to state - it turns out that tax hikes across California are driving wealthy people out of the region en masse. A new study, published Oct. 7, found that when California raised its income tax rates, it caused ...

US imposes duties on European imports: what will rise in price

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) ...

Trump is preparing a plan to reduce taxes for the middle class

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 ...

Cities with highest sales taxes

Chicago is often called the “Second City” - it is America's second largest financial center after New York. But when it comes to high sales taxes, Chicago is rightfully the number one in the United States. Chicago ranks first along with two cities ...

Pennsylvania school typo cost him almost $ 900 thousand

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 ...

Florida gets billions: why do Americans transfer money to this state

Recently, changes in the US tax code have prompted an increasing number of people to relocate - transfer their money to lower tax states such as Florida. Writes about this Fox Business. However, as it turns out, Florida relied on such ...

60 - 70 of 225