Unlock Tax Savings: Get Charged Up with Used Electric Cars Transitioning from New to Used Electric Vehicle According to The U.S Sun, starting January 1, 2023, buyers of certain used electric vehicles can qualify for the used clean vehicle tax credit, capped at $4,000 or 30% of the purchase price, if bought for $25,000 or … Read more
Rapid Commencement of Tax Refund Dates for EITC/ACTC Detailed Schedule for Clarity According to NCBLPC, the Internal Revenue Service (IRS) has commenced the approval and issuance of tax refund dates for EITC/ACTC the 2023 tax year starting from January 29, 2024. Taxpayers who have filed electronically constituting a significant portion of Americans can anticipate receiving … Read more
Accelerated Social Security Payments for Retirees Born 11-20 Disability Benefit Disbursement: $1,630 Checks Scheduled for February 21st According to Tododisca, a recent update from the Social Security Administration retirees born 11-20 of any month are set to receive their Social Security payments within hours in February. This expedited payment process is part of a new … Read more
Unlocking EV Savings: Combining Federal and State Incentives How the Federal EV Tax Credit Works According to CNET, apart from the federal government, many states additionally offer tax breaks worth thousands of dollars that can be combined with the federal discount for prospective EV buyers. The federal tax rebate for electric vehicles, which can be … Read more
Advocates are urging the U.S. Senate to pass a tax bill aimed at expanding the Child Tax Credit, which could positively impact over 100,000 children in Iowa. The proposed legislation, already approved by the House, seeks to widen the eligibility criteria for the credit, potentially benefiting approximately 16 million children nationwide who currently do not … Read more
New Bill Aims to Boost US Checks- 3.2%in Social Security Checks from 2024 Crucial Cost of Living Adjustment: The 3.2% Increase Aims to Aid Vulnerable Groups According to IT Gujarat, a recent new bill aims to boost US checks a 3.2% increase in Social Security checks starting from January 2024 aligning with the cost of … Read more
More Goods and Services Tax Payments for Canadians in 2024 Financial Assistance for Low-Income Taxpayers Based on Income and Dependents According to IT Gujarat, Canadian citizens are getting ready for amount, deadlines, and who qualifies extra Goods and Services Tax (GST) payments in 2024. The Canada Revenue Agency (CRA) will send these payments to people … Read more
The Internal Revenue Service (IRS) has released its anticipated tax refund schedule for the year 2024, outlining crucial dates for taxpayers across the nation. With the tax season in full swing, understanding these dates can help individuals plan their finances more effectively. Key Dates and Details: Filing Periods: The IRS aims to process electronic tax … Read more
California New Law SB 4 Eases Path for Churches to Affordable Housing New Law Unlocks 171,000 Acres for Faith-Based Groups and Non-Profits to Address Affordable Housing Crisis According to CBS News, California new law SB 4, simplifies the process for churches to become affordable housing. It allows faith-based groups and non-profit colleges to convert their … Read more
$25 ‘Climate Impact Fee’ Proposed for Tourists to Save Paradise Tourism vs. Preservation: Hawaii Governor Pushes for $25 Fee to Shield Beaches and Forests Governor Josh Green of Hawaii is proposing a $25 ‘climate impact fee’ on tourists staying in hotels or rentals to raise $68 million annually for protecting beaches and preventing wildfires according … Read more