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      July 15, 2018

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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 individual’s 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 one’s 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.


Energy boosts Wyoming's tax income at start of year

The sales of products that can be taxed in Wyoming accelerated to $3.9 billion for the first few months of 2018, thanks largely to a buoyed energy sector. The total income from sales and use taxes inc...

Published:  Wed, 04 Jul 2018 17:12:00 GMT

Lodging tax to go to Teton County, Wyoming voters in November

Teton County, Wyoming voters will be asked to renew a 2 percent lodging tax at the polls November 6. The tax was originally approved by voters in 2010 and renewed in 2014. It is automatically up for r...

Published:  Wed, 04 Jul 2018 08:17:00 GMT

1901 Wyoming Ave NW Apt 3, Washington, DC 20009

1901 Wyoming Ave Nw Apt 3, Washington, DC 20009 is a condo/townhome/row home/co-op for sale located in the Adams Morgan neighborhood. Browse® for nearby schools and neighborhood informatio...

Published:  Wed, 11 Jul 2018 02:14:00 GMT

Wyoming sees economic improvement in recent report

Wyoming's unemployment rate dropped slightly in the first ... which is vital in a state that relies on energy companies for roughly 70 percent of its tax revenue. "It should be positive throughout the ...

Published:  Wed, 04 Jul 2018 05:11:00 GMT

To What Extent Does Your State Rely on Corporate Income Taxes

Six states do not levy a corporate income tax: Nevada, Ohio, South Dakota, Texas, Washington, and Wyoming. However, among these states, Nevada, Ohio, Texas, and Washington instead levy a harmful gross ...

Published:  Wed, 11 Jul 2018 11:19:00 GMT

Column: Tax ruling changes the game for online retailers

... by states that don't collect income tax and rely heavily on sales tax to fill their coffers. These states include Alaska, Florida, Nevada, South Dakota, Texas, Washington, Wyoming and, by 2021, Te...

Published:  Wed, 04 Jul 2018 12:15:00 GMT

Tax-Free Health Spending Is Only the Start

If Minnesotans could purchase their health care in a state with fewer regulations such as Wyoming, their costs would drop dramatically. If allowed, large national providers like...

Published:  Thu, 05 Jul 2018 14:15:00 GMT

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