6 tax measures every multi-family home owner should consider
Optimized tax strategies are critical in today’s competitive commercial real estate market. The good news is that the U.S. tax code offers a number of incentives and deductions designed to help multifamily property owners reduce their tax liability, increase return…
Tax benefits for parents and teachers at the start of school
CHICAGO, Ill. (WIFR) – The Illinois Department of Revenue reminds eligible taxpayers to consider claiming back-to-school expenses when filing their taxes. The Illinois Education Expense Credit allows parents or guardians of full-time students in grades K-12 to receive a 25%…
Employee Retention Tax Credit: A Comprehensive Guide
share Tweet share share e-mail The Employee Retention Tax Credit (ERTC) is an important aspect of the U.S. federal tax landscape and is designed to incentivize businesses to keep their employees employed during…
Failure to reduce property tax
As I write this article, it is the 14th day of the unicameral legislature’s special session on property tax relief, and it is not yet complete. During the special session, 81 bills were introduced on the subject of taxes, while…
JD Vance is trying out a proposal to expand the child tax credit by $5,000 in an attempt to win support from the pro-family movement
Senator JD Vance speaks to a child at a rally in Arizona.Anna Moneymaker/Getty Senator JD Vance proposed a $5,000 child tax credit on Sunday. The vice presidential candidate wants to position the Republicans as a party with family-friendly policies. But…
Homeowners are told they will not receive a property tax refund because the money has already been spent
KANSAS CITY, Missouri (KCTV/Gray News) – Thousands of Jackson County residents are frustrated as county officials say there will be no refunds after homeowners appealed their 2023 property tax assessment. The district administration said the money had already been spent….
