Charitable Act aims to extend COVID-19 era tax breaks for taxpayers. Charitable Act to Continue Reducing Tax Bill Under COVID-19 Era Tax Break A new bill proposed by a group of lawmakers, the Charitable Act, aims to extend a COVID-19 era tax break that allows several taxpayers to increase charitable deductions by reducing their taxes … Read more
Louisiana business owners may soon have a tax incentive to hire high school interns, according to a proposed bill. Louisiana proposes tax credit for hiring high school interns House Bill 637, authored by Rep. Buddy Mincey, R-Denham Springs, would allow employers to receive a state tax credit of up to $2,500 if they hire public … Read more
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 … Read more
This proposal follows a tragic incident on Interstate 55 where seven Illinois residents died, and multiple fire departments responded to the scene, relying heavily on volunteers to help in the recovery. Illinois lawmakers are pushing for a new tax credit to help address a shortage of firefighters across the state Senate Bill 2253 is aimed … Read more
A new plan would bring back the monthly routine of giving families checks. Democratic Representatives Ilhan Omar of Minnesota, Rashida Tlaib of Michigan, and Jesus Garcia of Illinois presented the End Child Poverty Act this recent month. When a kid turns 18, the proposed legislation will create a universal profit that might benefit families with $393 each … Read more