Taxes

Latest in Taxes

Alaska State Income Tax Rates and Brackets for 2025 Explained

Alaska offers no state income tax for individuals, benefiting residents and immigrants. Corporations must file a graduated corporate tax return.…

Alabama State Income Tax Rates and Brackets for 2025 Explained

Alabama keeps its 2025 state income tax rates at 2%, 4%, and 5%. Filing applies to residents, immigrants, and visa…

UK Asylum Claims Reach Record High in 2025 Amid Backlog Reduction Efforts

UK asylum applicants must prove risk of serious harm and cannot be safe at home. The Rwanda Plan was canceled,…

IRS Raises 2025 Annual Gift Tax Exclusion to Historic $19,000

The IRS has increased 2025 gift tax exclusions and lifetime exemptions to record amounts. These changes impact U.S. citizens, couples,…

Top 10 Tax Haven Countries Offering Maximum Tax Benefits Globally

Top tax haven countries like Cayman Islands and UAE offer low or no personal taxes, relying on indirect revenue like…

Comprehensive Guide to Reporting Wages, Tips, and Employee Income

Immigrants must report all earnings, including foreign income, using correct forms—W-2 for employees, 1099-NEC for contractors. Tips, bonuses, and special…

Wyoming Minimum Wage 2025: Complete Detailed Breakdown

Wyoming’s 2025 minimum wage is $7.25 per hour, matching federal law. Special lower wages apply to tipped employees, students, and…

Wisconsin Minimum Wage 2025: Detailed Breakdown of Rates

Wisconsin's 2025 minimum wage is $7.25 per hour with special lower rates for tipped and young workers. Milwaukee has higher…