Consumer Confidence Fuels Economic Optimism - Live Trading News livetradingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livetradingnews.com Daily Mail and Mail on Sunday newspapers.
High-income households may have an outsized impact on local economies, which can put increased pressure on housing markets, shift demand for services and businesses, and tax base contributions. The IRS defines high income as taxpayers making $200,000 or more. Examining the rate of growth of this cohort allows us to identify potential up-and-coming alternatives to […] The post Cities Adding the Most High-Income Households – 2024 Study appeared first on SmartReads by SmartAsset.
A crackdown on cheating by high-income households and complex businesses is paying off, the IRS said Friday as it announced that it has now recovered more than $520 million from 1,600 millionaires who were behind on their taxes. The IRS said it recovered $360 million from high-income individuals who owe at least $250,000 in back taxes. That’s on top of the roughly $160 million the agency said it had recovered as of last October. IRS Commissioner Danny Werfel said the additional funding provided
The increase in income to 11.8% last month from 10.7% in August was driven primarily by high- and middle-income households and the West region | World News