Despite the Texas property tax relief package recently signed into law by Greg Abbott, most of his residents are facing higher Texas property taxes and blame the Texas governor for it, according to the Redfield & Wilton Strategies study. Texas Governor Abbott signed into law an $18 billion Texas property tax relief package for…
If you bought a qualifying car, then you may be in for some free money under the Clean Car Credit. Qualified Americans can receive up to $4,000 in Tax Clean Car Credit As of January 1, 2023, purchasers of qualified used electric cars may be qualified to receive a tax credit under the Clean…
More than 700,000 families in Michigan are qualified to receive these Earned Income Tax Credit payments due to two sets of criteria. Earned Income Tax Credit Checks averaging $550 have started to hit Michigan families this week According to the state of Michigan, these Earned Income Tax Credit checks will be part of a tax…
American Taxpayers who would also claim Earned Income Tax Credit or Additional Child Tax Credit have to wait up to four weeks to get a tax refund via paper check or direct deposit once the tax return is approved by the IRS. Earned Income Tax Credit or Additional Child Tax Credit Refund Date Details!…
Minnesota is the newest state to introduce a Minnesota rebate in cash for the purchase of an electric vehicle (EV) or hybrid. Applications opened for the Minnesota rebate last Wednesday, February 7, and can be made online Almost 4.3 million people could be eligible, provided they purchased an electric vehicle (EV) or hybrid. New vehicles…
Social Security beneficiaries have cashed in their second payment of the COLA Social Security 2024. The 3.2% increase in the COLA Social Security 2024 is a sign of regularity and that inflation is getting good The Social Security COLA 2024 will be 3.2% in 2024, down from the massive boost of 8.75% implemented this…
4th Stimulus Check Update: Americans may earn some extra cash payment this upcoming tax season but must meet several requirements. The 4th Stimulus Check Update has been a hot-button topic all summer! Presently, the 4th Stimulus Check Update is New York residents will score $1,600 in direct payments per child regardless of income limits….
The net investment income tax of 3.8%, which is additional to the regular income tax, covers more than Americans might think. The 3.8% net investment income tax is broader than most American taxpayers think The net investment income tax applies to single filers with modified adjusted gross incomes over $200,000, joint filers with modified…
The slowing inflation patterns should mean a significantly less cost-of-living increase for older persons in 2019. The Senior Citizens League, a nonpartisan, nonprofit seniors advocacy organization, conducted study and projected that Social Security’s cost-of-living adjustment (COLA) in 2025 will be 1.75% based on Tuesday’s consumer price index report from January. That rise would be less…
The House of Representatives adopted the bipartisan bill at the end of January, and the Senate’s acceptance is the final step towards making the CTC hike official. Families may get more money over the following 3 years if approved. The maximum reimbursement amount per child will progressively rise under the proposal beginning in 2023 and continuing…