Taxes

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New Hampshire State Income Tax Rates and Brackets for 2025

New Hampshire repeals its 3% tax on interest and dividends effective 2025, making all personal income tax-free. Corporate tax remains…

Overview of California State Income Tax Rates and Brackets for 2025

California plans possible changes to income tax brackets in 2025, with a potential top rate increase for million-dollar earners. Immigrants…

Why Wealthy Individuals and Businesses Choose U.S. Tax Haven States

Nine U.S. Tax Haven States offer zero income tax for high-net-worth individuals and businesses. Tennessee ended all income taxes in…

Arkansas State Income Tax Rates and Brackets for 2025 Explained

In 2025, Arkansas taxes income progressively up to 3.9% for residents and non-residents with Arkansas income. Key requirements include filing…

Trump Threatens 30% Tariffs on Mexico and EU Imports Starting July 1

The U.S. will enforce a 30% tariff on Mexican and EU imports starting August 1, 2025. This raises costs for…

Trump Announces 30% Tariffs on Mexico and EU Imports

The US will start 30% tariffs on Mexican and EU imports August 1, 2025. Businesses must prepare for higher costs…

Understanding Taxable Interest Income and Reporting Requirements

IRS requires reporting all interest income, including under $10 amounts without Form 1099-INT. Nominee interest must be separately reported using…

H-1B Visa Holder Warns Against Buying Homes Amid Job Instability

H-1B Visa holders confront homeownership risks in 2025 due to job instability and visa ties. High mortgage costs and uncertain…