Congresswoman Kiggans Joins Tax Credit Caring Act to Aid Family Caregivers Tax Credit Caring Act Proposes Tax Relief According to Cape Charles Mirror, Congresswoman Jen Kiggans from Virginia along with other lawmakers is supporting a new law called the Tax Credit Caring Act. This Tax Credit Caring Act, introduced by Congressman Mike Carey and Senator … Read more
Debate Over School Choice Bill Divides Idaho Lawmakers Concerns Over Funding and Impact on Public Schools Arise in Idaho Lawmakers According to Big Country News Connection, Idaho lawmakers recently had a big debate about school choice. They were discussing a bill called House Bill 447. This bill wanted to create a $50 million program to … Read more
Inflation Reduction Act for EV Charging Tax Credits Individual and Business Benefits According to Elektrek, in 2022 the Inflation Reduction Act revamped tax credits for EV charging stations in the US altering how Americans and businesses benefit from discounts. Previously, these credits were applied to each location where a charger was installed. However, the Inflation … Read more
Boosting the Child Tax Credit for Families During Tough Economic Times President Biden’s Initiative to Provide Financial Relief to Struggling Families According to Fool, in 2021, when the economy was tough the US government made big changes to help families. One of these changes was to boost the Child Tax Credit led by President Biden. … Read more
Connecticut Lawmakers Propose New Tax Credit for Low-Income Families Caution Urged Budgetary Concerns According to CT Mirror, at the Connecticut State Capitol, Connecticut lawmakers are talking a lot about making a new tax credit for families with kids who don’t have a lot of money. Many Connecticut lawmakers support this idea with more than two … Read more
Iowa Lawmakers Consider Movie Industry Boost with Tax Credits Proposed Bill Aims to Revitalize Iowa’s Film Sector Amid Past Credit Program Scandal According to Des Moines Register, Iowa lawmakers are thinking about a new law to help the state’s movie industry. They want to give tax credits to attract movie studios and make Iowa a … Read more
Iowa Lawmakers Mull Discounts for Electric Cars Amid Growing Popularity Proposed House Study Bill 731 Offers Significant Savings on New and Used Electric Vehicles According to the Ascent, As more people are choosing electric cars, Iowa lawmakers are thinking about a new law House Study Bill 731 to give discounts on these vehicles. The proposed … Read more
Navigating Financial Variances in Electric Vehicles $7,500 Tax Credit – Streamlined Access for EV Buyers According to the Ascent, Electric cars are becoming more popular but they come with financial differences compared to traditional cars. Things like taxes, insurance, and maintenance work in unique ways for electric vehicles (EVs). Manufacturers, sellers, and insurers are still … Read more
Unlocking Financial Relief – The Earned Income Tax Credit (EITC) Easing the Burden of Adoption Costs According to the Ascent, As tax time gets closer families with lower incomes should check out the Earned Income Tax Credit (EITC). It could give them up to $7,430 in relief. If you adopted a child there’s an adoption … Read more
Maryland’s House Bill 1515 Takes Center Stage Del. Moon’s Fiscal Vision – Maryland’s Revenue Landscape According to CBS News, Maryland’s House of Delegates recently introduced Maryland’s House Bill 1515 aiming to lower the state’s sales tax from six percent to five percent. However, this comes with a catch Maryland’s House Bill 1515 proposes expanding sales … Read more