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Dealing With Taxes In America


wealthymattersThe US is undoubtedly a great place to make money.The only issue is that in the US there are federal,state and local taxes and the Americans insist on levying them on¬†nonresident aliens too.If you are a nonresident alien doing business or working in the United States, you are required to file a tax return if your U.S. source income is greater than your personal exemption ($3,900 in 2013). Now this can be a real bitch if you are 100% unfamiliar with the US system and don’t know your way around.And unlike India,there is a greater degree of tax compliance in the US and the authorities take a dim view of non compliance.The best way of avoiding needless trouble is to hire a local attorney.¬† Read more of this post

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