The acknowledgment is simple; Dollars and Sense (Cents)…
Transportation is advised the a lot of basic allotment of America’s infrastructure. The U.S. Department of Homeland Aegis and The Department of Busline bureau accoutrement is compromised of: The Busline Aegis Administration and The National Busline Safety Board agencies respectively.
According to The U.S. Department of Labor Force statistics in 2016 about 10 actor Americans are active as Barter drivers, Bus or Urban Transit, Taxi and or Limousine account drivers.
Well, acknowledgment to the better administration in the United States; Uber and Amazon Flex. The acumen the U.S. Government (IRS) wants to apparatus “Tax Reform” now is because the country currently has added than 10 actor drivers who are “writing off their busline costs on their taxes (i.e. breadth deductions, ammunition costs, adjustment & aliment costs, motor car charter & allowance costs etc.) “This is not adequate to Uncle Sam.”
Now that banking accounting apps (i.e. Mile IQ, Inuit Self-employed etc.) accept enabled abounding Americans to auspiciously adept the “IRS Learning Curve” and allows those millions of Americans active in the busline industry to finer annihilate big-ticket operating costs. “This is a big botheration for the Federal Government.” The IRS is not traveling to acquiesce millions of American households to save added money and adore earning a adequate allowance that is aloft the abjection level.
Now are you accepting the big picture!
The proposed Trump Tax Plan will annihilate “Itemized Deductions” and appoint and “flat-tax” that will advice ensure that millions of alive chic Americans (i.e. barter drivers, Uber & Amazon Flex drivers etc.) do not escape the clamorous acquisitiveness of Uncle Sam.
What tax strategies will plan in 2017?
It’s all about location, location, location. With so abounding new “pieces of legislation” getting alien in assorted States and municipalities throughout the country. Even the a lot of adamant CPA’s and Banking Cartels are alive overtime to access the laws to try and accommodate alert loopholes that will acquiesce their assets to abide clear and in their clandestine possession.
Do immigrants pay Assets taxes?
Yes. Acknowledged Immigrants that accept gone through the able acknowledged action and acquired a amusing aegis amount that is accurately issued by the IRS. They accept to again acquisition advantageous employment, complete the Department of Homeland Aegis Form I-9 and IRS Form W-4 with their employer and again voluntarily pay any monies owed to the U.S. government if they book their Federal or State assets tax returns.
No. Illegal Immigrants (i.e. undocumented workers) that do not accept a IRS issued amusing aegis card. They accept acquired application or acquire accomplishment “tax free” and are acceptable getting paid “under-the-table” and do not pay any Federal Assets taxes.
Take heed that you be neither bamboozled nor absent by these avaricious wolves in sheep’s clothing!