The deadline to claim $1 billion in tax refunds is approaching. Are you eligible?
(NEXSTAR) – A crucial deadline is approaching later this month for some taxpayers as they may be due their share of an estimated $1 billion in refunds, the Internal Revenue Service (IRS) announced. Taxpayers who have not filed their tax…
Kamala Harris wants to increase child tax credit and give young parents $6,000
In this story On Friday, Vice President Kamala Harris’ presidential campaign announced an economic program that draws on populist ideas, including a promise to expand existing tax breaks for parents with children and to drastically cut taxes for the American…
Harris unveils plan to curb price gouging, increase child tax credit and combat rent increases • Daily Montanan
WASHINGTON – Democratic presidential candidate Kamala Harris unveiled her first detailed economic policy proposal on Friday, outlining how she would mitigate rent increases, increase the number of first-time home buyers, end price gouging in grocery stores and increase the child…
Nebraska Senators introduce bill to reduce property tax relief
Drone shot of the State Capitol in downtown Lincoln, Nebraska. (Nebraska Examiner, Getty Images) LINCOLN, Nebraska (KLKN) — The Nebraska State Legislature on Tuesday introduced a property tax relief package that looks very different from the original proposal. By a…
IRA tax credits: Philadelphia region demands $500 million
Obstacles for low-income households Some of the activities and goods covered by the tax credits, such as energy audits, insulation and efficient appliances, can help lower households’ utility bills. But nationally, higher-income households disproportionately used the tax credits for expenses…
Reform of the Italian film and television tax credit to set an international cap
EXCLUSIVE: Under the recently reformed Italian tax credit for film and television, major American productions such as The White Lotus may have thought twice before settling in this European country. Deadline can reveal that the new tax rate will come…
Tax strategy: Update on employee retention credit
The Internal Revenue Service has announced that after imposing a moratorium on processing Employee Retention Credit applications after September 14, 2023, it will now begin processing applications received before that date. The IRS further reported that it has a backlog…
