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Deadline Approaches for Claiming 2020 Tax Money Refunds Urgent Action Needed to Secure Unclaimed Funds According to Finger Lakes 1, as the deadline gets closer for people to get their tax money back from the IRS surprising thing comes up: lots of folks might have money waiting from their 2020 tax money including extra money … Read more
Tax Returns Processing Online Filing of Tax Returns According to CNET, as the 2024 tax season nears its end the IRS is busy handling tax returns and giving back money although it’s not as much as last year. Even though it started six days later than in 2023, the IRS has already processed over 61.8 … Read more
Accessing Assistance for Property Tax and Rent Rebate Applications Upcoming Assistance Sessions in Elk County According to Connect Radio FM, Residents in DuBois, Clearfield, and St. Marys can get property tax and rent rebate booklets and applications at Representative Mike Armanini’s offices. They can also get free property tax and rent rebate help filling out … Read more
Tax Avoidance Spotlight Strategies Under Scrutiny According to Gizmodo, a recent report by Americans for Tax Fairness (ATF) has put Tesla’s tax practices in the spotlight. The report says Elon Musk the CEO of Tesla didn’t pay any federal income taxes for five years even though it made money. Tesla avoided paying taxes by using … Read more
Unsure About Refunds Expectations for Tax Refunds According to the New York Post, A recent survey of 2,000 Americans shows that many are unsure about refunds they’ll get this year. About one in four people feel unsure about refunds which is more than last year. However, Americans around 43%, are expecting a refund this year … Read more
Check Your Tax Refund Status Online Understanding Refund Delays According to CNET, lots of people are waiting to get their tax refund checks, especially if they’re claiming the child tax credit or the earned income tax credit. The IRS has already given out more than $115 billion in tax refunds this year. But if you’re … Read more
Yellen Showcases Biden’s Clean Energy Initiative Boosting Economic Revitalization According to SmartNews, U.S. Treasury Secretary Janet Yellen visited Elizabethtown, Kentucky to show how the Biden government is helping areas that used to rely on coal. Yellen talked about how Biden’s tax credits have encouraged clean energy investments doubling to $4.5 billion each month in places … Read more
Lawmakers Consider Tax Credit for Portland Sea Dogs Bill Details and Importance According to Central Maine, Lawmakers are thinking about a plan to give the Portland Sea Dogs Stadium a tax credit of up to $2 million. This is to help with upgrades to their place called Hadlock Field. The bill, L.D. 2258, says that … Read more
Biden Proposes Expanded Child Tax Credit Monthly Payments Providing Quick Relief According to MLive, President Biden wants to bring back a bigger child tax credit. It would be $3,600 for younger kids and $3,000 for older ones. Families would get this child tax credit money every month either $300 or $250 per child. Biden pushed … Read more
First-Time Homebuyer Tax Credit Bill Proposed legislation offers tax credit up to $15,000 According to Review Journal, Senator Jacky Rosen along with Senators Sheldon Whitehouse and Martin Heinrich, introduced the First-Time Homebuyer Tax Credit Act to help people buy their first homes. The tax credit bill aims to give up to 10 percent of the … Read more