NYT received Trump tax returns: he has not paid taxes in years

The New York Times has received Donald Trump's tax information for more than two decades revealing real estate problems, huge write-offs and hundreds of millions of dollars in debt to be paid off. According to the publication, Donald Trump paid only $ 750 in federal income tax for ...

Financial losses that may result from moving to another state

If you have worked from home in the past six months, you may want to change your environment. Or maybe they are already interested in moving to another US state, suggests CNN. If you do not need to be attached to the office, then you will prefer to be closer to the family (more ...

Tax season 2021: changes to prepare for this year

This year, changes were made to the US tax code - they will be reflected in the Form 1040 of your tax return, writes Money US News. Each year, as the need arises, the IRS issues draft updated forms with comments from professionals and subsequent changes.…

How will Trump's new payroll tax decree affect American income?

President Trump has signed four executive acts in an attempt to bypass Congress, which is stalled in talks on coronavirus aid, and to help American workers and businesses still recovering from the pandemic. One of the decrees implies a tax postponement ...

12 states to host tax-free sales ahead of the school year

The new school year is approaching, and the thought that it is time to stock up on fresh notebooks, pencils and folders for papers is both invigorating and frightening. Supplies, electronics, and clothing tend to be on a hefty list and can cut your bank account considerably. To ...

What to do if you missed your tax payment deadline: some tips

Some Americans may have missed the July 15 tax deadline this year. Therefore, the IRS may begin assessing late penalties and interest if prudent steps are not taken to resolve the situation. Fox Business writes about this. "Widespread...

Submission of declarations, retirement accounts and deductions: key tax changes caused by the COVID-19 pandemic

The coronavirus pandemic has upended the entire economy and the usual way of life. In particular, it changed the rules for filing returns and other tax processes. Writes about this USA Today. Several key changes should be noted this year, some of which are intended to ease the financial burden ...

Defaulters cheated on billions of dollars by IRS: why don't they punish

A government watchdog group warns that the IRS needs to do more to hold high-income US residents, many of whom get away with not filing and paying taxes, to account, writes Fox News. In the report of the Inspector General ...

Taxes in 2021: 10 Important Innovations to Know About

Next year, the tax filing process will change due to the coronavirus financial assistance law and the standard inflation adjustment, writes MoneyTalksNews. If you have yet to file your tax return for last year, you have more time than usual ...

Do I need to pay federal financial assistance tax because of coronavirus

Americans are eagerly awaiting federal coronavirus aid checks from the government next week, Fox Business reported. Checks will come from the Internal Revenue Service (IRS). But will you have to return something ...

80 - 90 of 261