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      June 18, 2019

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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.


Tax collections uncertain amid Wyoming coal bankruptcies

GILLETTE, Wyo. (AP) - Rereading a chapter from a favorite novel can often reveal details and insight that make the story more rewarding. For Campbell County, Chapter 11 of the Powder River Basin coal ...

Published:  Sun, 09 Jun 2019 13:16:00 GMT

Wyoming Business Council sees community sustainability at center of new strategy

While the agency's 2018 annual report boasted increased exports, higher wages, successfully recruited businesses and growing tourism tax revenues, Wyoming actually experienced decreases in ...

Published:  Sun, 16 Jun 2019 16:30:00 GMT

The Newest Haven for Cryptocurrency Companies? Wyoming

Wyoming's transformation into a blockchain booster is somewhat ... and exempted cryptocurrency from state property taxes. Those laws passed, and over the next year they became the basis of what Long ...

Published:  Thu, 13 Jun 2019 04:00:00 GMT

How High Are Beer Taxes in Your State

beer taxes range from a meager two cents per gallon and eight cents per gallon in Wyoming and Oregon, respectively, to a hefty 87 cents per gallon and $1.29 per gallon in Kentucky and Tennessee ...

Published:  Mon, 10 Jun 2019 08:49:00 GMT

Crowds swarm to welcome new rifle manufacturer, and its jobs, to Wyoming

Why move to Wyoming? Weatherby took a deep breath to answer ... obviously the business climate, the tax climate and then the pro-Second Amendment is what we were looking for." ...

Published:  Sun, 16 Jun 2019 05:00:00 GMT

Study shows Michigan ranks 29th in country for highest beer tax

... date complied by the Tax Foundation - a think tank that tracks U.S. tax policies- beer taxes range from a meager 2 cents and 8 cents per gallon in Wyoming and Oregon, respectively, but climb to a ...

Published:  Wed, 12 Jun 2019 14:51:00 GMT

Wyoming G&F gets $17 million in national tax income

CODY (WNE) - Wyoming's share of a nationwide bounty of distribution of excise taxes for Game and Fish use is $17 million. The money is collected on the federal level that comes from the sale ...

Published:  Sat, 08 Jun 2019 12:00:00 GMT

WVW approves budget with tax increase

KINGSTON - The property tax rate in the Wyoming Valley West School District is going up 3.2 percent, according to a budget approved by the school board Wednesday. The budget allocates $81.6 million in ...

Published:  Thu, 13 Jun 2019 01:03:00 GMT

"End the Rain Tax' Group Fighting Stormwater Fee

The Wyoming Valley Sanitary Authority says it imposed ... so one way or the other, this rain tax is going to be eliminated." People behind the initiative tell Newswatch 16 they've sold about ...

Published:  Mon, 10 Jun 2019 13:39:00 GMT

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