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Hybrid and remote workers who commuted to another state to work in 2023 may face an ugly surprise for tax season: double state taxation.
Half of U.S. workers would accept a pay cut to work remotely, with 26% willing to take a 5% reduction and 24% open to cuts of 10% or even 15%, according to a FlexJobs survey cited by Newsweek ...
Residents of Puerto Rico are required to pay most types of federal taxes. Specifically, residents of Puerto Rico pay customs taxes, [5] [6] [c] Federal commodity taxes, [6] and all payroll taxes (also known as FICA taxes, which include (a) Social Security, [8] (b) Medicare, [9] and Unemployment taxes). Puerto Ricans on the island paid over $4 ...
The Internal Revenue Code of Puerto Rico (Spanish: Código de Rentas Internas de Puerto Rico) is the main body of domestic statutory tax law of Puerto Rico organized topically, including laws covering income taxes, payroll taxes, gift taxes, estate taxes, and statutory excise taxes. [1]
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All federal employees, [34] plus those who do business with the federal government, [35] in addition to Puerto Rico-based corporations that intend to send funds to the U.S., [36] and some others [37] also pay federal income taxes. In 2009, Puerto Rico paid $3.742 billion into the US Treasury.
According to Pew Research, 35% of all American workers who can work from home, do so all the time.Before the pandemic, only 7% of workers did. While more employees are heading into the office ...
Remote work may make it easier for workers to balance their work responsibilities with their personal life and family roles such as caring for children or elderly parents. Remote work improves efficiency by reducing travel time, and reduces commuting time and time stuck in traffic congestion, improving quality of life. [59] [64]