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Georgia's Tax Credit Program Allocates Millions

Georgia’s Tax Credit Program Allocates Millions to Support Foster Care Transition

Georgia has taken a significant step to support teenagers transitioning out of the foster care system by allocating millions of dollars through the State’s Qualified Foster Care Donation Credit. This innovative tax credit program allows taxpayers in Georgia to redirect their tax dollars to provide assistance to young individuals who are transitioning from foster care…

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Unclaimed Tax Refund

$1.5 Billion Unclaimed Tax Refund: IRS Encourages Eligible Taxpayers To File For 2019 Taxes

Internal Revenue Service (IRS) encouraged eligible taxpayers to file for 2019 taxes to receive a portion of an estimated $1.5 billion in unclaimed tax refund. Eligible Taxpayers to Receive Unclaimed Tax Refund for 2019 Earnings The estimated unclaimed tax refund for 2019 earnings is $1.5 billion, wherein eligible taxpayers will be entitled to approximately $1,006…

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Missouri Advances Tax Exemption Amendment

Missouri Advances Tax Exemption Amendment for Childcare Facilities to Alleviate Shortage

Missouri is set to vote on a constitutional amendment that would grant childcare establishments exemption from property taxes, following its certification for the November 5, 2024, ballot. Missouri moves forward with childcare facility tax exemption amendment The amendment received overwhelming support from the Missouri House of Representatives, passing with a 91-27 vote on May 12,…

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Property Tax Relief Programs

Property Tax Relief Programs Alleviate Financial Strain for Homeowners and Renters

The rising property tax bills in changing neighborhoods with rapidly increasing property values may cause long-time homeowners to face displacement or tax foreclosure. Property tax increases can also lead landlords to raise rents, potentially displacing older adults and households with limited means Property tax “circuit breaker” is a tool used in many jurisdictions to alleviate…

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