Everyone wants a less tax-friendly bill. One way to do this would be to live in a state with no income tax. As of 2019, seven states; Florida, Alaska, Nevada, Texas, South Dakota,...
Posted by Elliot Kravitz, ATP on 04/20/2020
Almost every gambler looks forward to winning when they bet on a sport. Unknown to most gamblers; however, the taxman also wants his cut. Uncle Sam considers sports betting winning...
Posted by Karen Munoz, EA on 10/30/2021
It is common for someone to live in one state and have employment in another state. In this case, one might need to file a nonresident tax return if they have earnings in a state they...
Sales taxes are one of the common direct ways to collect tax revenue. Although graduated income tax brackets and rates are complex and confusing for many taxpayers, sales taxes are...
An employee's work is usually repaid in wages, salaries, commissions, tips, additional benefits, fringe benefits, and bonuses. All of these taxes are subject to various state and...
The Taxpayer Advocacy Panel is a Federal Advisory Committee to the Internal Revenue Service (IRS). If you’re a taxpayer and you have important issues that need to be identified...
Most taxpayers in the U.S wants to work in a lower tax states or states with reduced tax payments.If you live in New York, California or New Jersey, you would have once considered...
Social security is an essential earning source for most retirees - and if you live in some areas in the U.S., your state won't charge you on it. Notwithstanding, the national...
Posted by YourIRSTaxAdvocate.com on 03/08/2019
The states that have no income tax as of 2018 are Wyoming, Alaska, Texas, Washington, Florida, Nevada, and South Dakota. Two other states with an incredibly low rate, on the other...
Posted by Wright Tax and Accounting Solutions on 02/25/2019