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
Federal Proposal Aims to Aid First-Time Homebuyers Addressing Affordability Challenges According to the Providence Journal, federal lawmakers introduced the First-Time Homebuyer Tax Credit Act to provide up to $15,000 in tax refunds for new homebuyers. Targeted at those purchasing homes priced at $150,000 or more and earning 150% or less of the area’s median income. … 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
Prospects of $2000 Stimulus Check Bring Hope Amidst Financial Struggles Anticipation Builds as Announcement of Stimulus Check Rollout Date Looms According to Finger Lakes 1, Congress is talking about giving out another $2000 Stimulus Check. This is good news for people struggling with money because of COVID-19. They’re aiming to help those who don’t have … Read more
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
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
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