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
New Family Tax Credit Program to Alleviate Poverty Addressing Affordability Challenges New York state legislators are pushing for a $500 million allocation in the final budget to introduce a new family tax credit program aimed at alleviating poverty among low- and middle-income families statewide. While inflation has eased, New Yorkers continue to grapple with rising … Read more
Identity Theft Leads to Ohio Tax Refund Shock Investigation Uncovers Widespread Impact on Ohio Tax Refund According to Fox 8, Many Americans in Ohio were expecting to get their state tax refunds but instead got a letter saying they wouldn’t be getting any money back. Phil Nash and his wife in Cleveland were surprised to … Read more
Yellen Touts Biden’s Clean Energy Investment Tax Breaks in Kentucky Visit Clean Energy Investments Surge in Former Coal-Reliant Regions According to WHTC, U.S. Treasury Secretary Janet Yellen talked about how tax breaks from the Biden government are helping clean energy in places that used to rely on coal. She visited Kentucky a state where Democrats … Read more
IRS Supports Energy Savings Energy Efficient Home Improvement Credit (EEHIC) Offers Financial Incentives for Upgrades According to Go Banking Rates, Many homeowners want to save energy, so the IRS helps by giving a 30% tax credit for certain home improvements. With the Energy Efficient Home Improvement Credit (EEHIC) homeowners who made qualifying upgrades in 2023 … Read more
Missouri Senate Democrats End Filibuster Missouri Senate Bill Expands Tax-Credit Scholarships According to the 74 Million, Missouri Senate Democrats stopped talking for a long time on Tuesday so the Missouri Senate bill about making K-12 tax-credit scholarships bigger could go to a vote. This happened after Republicans added stuff to give more money to public … Read more
Tax Refund Trouble Identity Theft Nightmare The Fox 8 I-Team found a big problem for Ohio folks waiting for their tax refund. Instead of getting their tax refunds, many people got letters saying they wouldn’t get any money. This left them wondering, “Where’s my money from tax refund? Phil Nash and his wife in Cleveland … 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
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
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