Watch And Learn

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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