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Tax Relief in Wyoming

Wyoming MapThe residents of the state of Wyoming are more fortunate than people living in many other states. This is because Wyoming does not impose a personal income tax on residents. A personal income tax is typically based on an individualís wages or salaries. The term is sometimes broadened to include earning from stocks, notes, and bonds. However, the state government has a high property tax. The rate is 11.5 percent for industrial property and 9.5 percent for residential, commercial, and other types of property.

The results of the BLS current population survey (CPS) indicate that the unemployment rate for Wyoming fell in 2014; however, the decrease was 1.4 percent lower than the national rate. The residents of the state of Wyoming are also facing lower median family income than in 2008. This means that the average household income is lower than several years ago. When the cost of gasoline, utilities and food are going up and oneís income does not correspond, it can be hard to make ends meet.

Like many states across the U.S., plenty of people living in Wyoming have tax delinquencies. Failure in paying the amount owed to the IRS can lead to seizure of assets, which are then sold to pay off the debt. Retaining the services of a tax relief firm may prevent this from happening. Tax relief companies that work with the residents of Wyoming are qualified to provide several appropriate steps to improve their tax situation and get them out of the red with the IRS.

 

Taxes too high Pa. residents could move to Wyoming, South Dakota, or Alaska | Opinion

The states are often referred to as laboratories of democracy, and the more laboratories we have, the more likely we are to come across a Frankenstein over the long haul. It's pretty clear that Dr. Frankenstein has been hard at work at this point, and we ...

Published:  Mon, 21 May 2018 02:00:00 GMT



Wyoming Cities Seek Ability to Impose New Taxes

SHERIDAN, Wyo. (AP) - A legislative panel will continue to study the idea of giving local municipalities in Wyoming the ability to impose new, voter-approved taxes to replace the funding they now get from the state. The Joint Revenue Committee has been ...

Published:  Sun, 20 May 2018 08:21:00 GMT



Wyoming courts tech behind cryptocurrency to entice business

Another allows businesses incorporated in Wyoming to use blockchain for record-keeping, promising easier and more accurate files on transactions and shareholders. The other two facilitate cryptocurrency trading and exempt cryptocurrency from property tax ...

Published:  Wed, 23 May 2018 11:09:00 GMT



Wyoming committee considers letting local governments create voter-approved taxes

Wyoming municipalities could soon get far more funding options than they currently have. The Wyoming Legislature's Management Council has called the Wyoming Joint Revenue Committee to study the idea of letting Wyoming municipalities impose voter-approved ...

Published:  Wed, 23 May 2018 13:14:00 GMT



Cheyenne city officials make appeal for tax renewal, unveil proposed projects

CHEYENNE - Cheyenne Public Works Director Vicki Nemecek kicked off a trio of meetings on the fifth-penny sales tax Tuesday night with a brief overview of its use and a handful of projects she's hoping to get done with the next round. The tax ...

Published:  Wed, 16 May 2018 05:15:00 GMT



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