The IRS audited millionaires and collected $160 million in debt.

The IRS collected $160 million this year by auditing millionaires who failed to pay their taxes. CNN writes about this. Efforts to target the rich have recently intensified thanks to increased federal funding provided by Democrats in the past...

Tax holidays: when is it profitable to buy school supplies in the USA

Tax holidays can save you a decent amount of money if you know when they come and how they work. In August 2023, there are opportunities to save money in many states, especially if you are looking for deals for schoolchildren. About what you need to know…

The IRS allowed Californians not to pay taxes until October, but now it has changed its mind and is demanding money from them

Some California taxpayers are reported to be receiving notifications that their taxes are due this month, although that period was extended for most Californians in January due to severe weather emergencies. The publication MSN told in more detail. Jeff Boger...

California and New York lost $ 92 billion due to the rich who left: where are they fleeing and why

The two most populous states with the highest taxes in the country—California and New York—have lost about $92 billion in revenue in two years as a result of residents moving out of those states. What drives this great migration, and where these billions have settled ...

Just filing a declaration is not enough: what needs to be done after you have reported your US taxes

Just because the 2022 tax filing season is over doesn't mean it's time to kick back and forget about taxes. There are still some things you need to do to make sure that everything is in order with the declaration you recently filed…

Biden administration to pay Americans thousands of dollars to upgrade their homes

On August 16, 2022, US President Joe Biden signed the Inflation Reduction Act into law and sent billions of dollars to Americans seeking to improve their homes, businesses, and cars. The Yahoo! edition told in more detail. One provision of the law allows Americans earning less than $150 a year to…

Deadline is approaching: what to do if you can't pay your taxes on time

April 17th is the deadline for filing and paying taxes. But not everyone can pay them on time. Fortunately, the Internal Revenue Service (IRS) offers several payment options after this date. What to do, told the publication Yahoo!. "The IRS...

Not as low taxes as expected: Americans who moved to Florida receive huge bills

Many New Yorkers, thinking that the state will be their tax haven, move to Florida. But in reality, everything is not as colorful as they would like. The Business Insider edition told in more detail. Over the past three years, New Yorkers have accelerated their move...

Former Philadelphia treasurer jailed for tax evasion: he will be deprived of US citizenship

Former Philadelphia, Pennsylvania city treasurer sentenced to prison for immigration fraud and tax evasion. This is stated on the website of the US Department of Justice. Former Philadelphia City Treasurer Christian Dunbar, 42, was sentenced to six months in prison, three years probation,…

Why there is a mass relocation of companies to Cyprus

Cyprus is one of the most attractive destinations for company relocation and migration from different countries. This is due to a number of advantages that the island offers. Let's talk about them in detail. How Cyprus helps companies do business The income tax rate in Cyprus is…

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