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New Map Reveals States Americans Are Moving To, Leaving
A new map is putting America’s moving patterns in sharp focus.
The Tax Foundation analyzed newly released IRS migration data showing where taxpayers moved between 2022 and 2023, using returns filed in calendar years 2022 and 2023.
The data shows continued movement toward the South and Sun Belt, with major gains for states including Texas, Florida, North Carolina, South Carolina, and Tennessee.
Texas gained the most income tax filers from interstate migration, with 56,473, followed by Florida at 55,349, North Carolina at 39,118, South Carolina at 29,214, and Tennessee at 24,104, according t…
Tax Judge Slices $850M Off American Dream Mall’s Valuation, Reports Say
A New Jersey tax court judge has slashed the assessed value of the American Dream megamall in East Rutherford by $850 million, marking a nearly 50% drop this year alone, Bloomberg reports.
The ruling made last Thursday, July 31, brings the property's 2025 valuation to $1.65 billion, down from the $3.3 billion figure earlier this year. The initial $800 million cut came in March, followed by this latest reduction, according to CoStar.
The move represents a win for Triple Five Group, the mall's owner, which has long argued that the complex was overvalued, Bloomberg said. However, the dec…
Some Americans Must File Tax Returns In March: Here's Who, Why
The Internal Revenue Service (IRS) has alerted some American workers that they face an early tax deadline.
Those in the group who did not make estimated tax payments by Wednesday, Jan. 15, 2025, must file their 2024 federal income tax returns and pay any taxes owed by Monday, March 3, 2025.
Due to the deadline falling on a Saturday, it has been extended from the usual Saturday, March 1, to Monday, March 3.
Details of the Early Deadline
Farmers and fishers who qualify for this special deadline are those who derived at least two-thirds of their gross income from their respective…