Posts Tagged ‘Child tax credit’
Comparing Tax Proposals: Kamala Harris vs. Donald Trump
As the presidential race heats up, it’s crucial to understand the tax proposals from the leading candidates, Kamala Harris and Donald Trump. While these proposals reflect their visions for the country’s economic future, it’s important to remember that any changes would require approval from Congress. Here’s a breakdown of what each candidate is proposing: Kamala…
Read MoreThe Sunset of Key TCJA Provisions: What You Need to Know for Tax Planning
As we approach the end of 2024, several significant provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 are either in the process of phasing out or will sunset completely. These changes will impact both individuals and businesses, potentially increasing tax liabilities across the board. Here’s a breakdown of the provisions that are…
Read MoreHow the 2018 Tax Cuts and Jobs Act May Impact Your 2020
Even though it began in 2018, the TCJA’s effects are only now in full swing. How will it impact you in the next year? Changes in the Tax Cuts and Jobs Act (TCJA), which first went into effect in 2018, have really only been felt now that we’re well into 2019, and 2018 taxes have…
Read More