University of Arkansas

Student Television

money transfers

  • Remittances and their challenges on the community

    Remittances and their challenges on the community

    By: Sofia Galvan FAYETTEVILLE, Ark. (UATV) – A new federal tax on cash remittances took effect this year, targeting immigrant families who send part of their paychecks to relatives who had to stay home. According to the Department of the Treasury and the Internal Revenue Service, a 1% remittance transfer tax began on January 1st…

Fayetteville, Arkansas

money transfers