By the end of Monday, tens of millions of American families will have claimed their child tax credit on their 2023 tax returns. But for many families, that credit will be hundreds, or even thousands, of dollars smaller than it could have been. And all the blame for those smaller credits belong to Senate Republicans. In 2021, the American Rescue Plan temporarily increased the tax credit from $2,000, where it was set under the 2017 tax cuts, to $3,000 (or $3,600 for children under 6). It also made...
Gov. Gretchen Whitmer visited Grand Rapids on Monday, just days after signing a bipartisan bill allowing localities to set their own hotel taxes.
The company plans to apply for 45V tax credits even though their hydrogen would not qualify under draft IRS guidance, Executive Vice President Kathleen Barron said Wednesday at the BNEF Summit in New York City.
It doesn't cost anything to give yourself six more months to file your 2023 income taxes.
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The organization honored local advocates who are making a difference in the lives of those returning to the community after being incarcerated.
If you're still waiting on your child tax credit refund to arrive, we'll
Editor’s note: This is a recurring post, regularly updated with new information and offers. In the days of Chase 5/24, once-in-a-lifetime bonuses, same “card family” restrictions and more, it can be hard for families to decide what their next travel credit card should be. But there is one card that’s sat near the top of …
We seem to tacitly accept that we will never give teachers the funding they need to do the job we want them to do, so instead we are going to try to make buying school supplies a little more palatable to them.
We seem to tacitly accept that we will never give teachers the funding they need to do the job we want them to do, so instead we are going to try to make buying school supplies a little more palatable to them.
(The Center Square) – There is a bipartisan effort in Illinois aimed at preserving family farms in the event of a family member’s death. The Family Farm Preservation Act in House Bill 4600 is designed to protect farm families and their land by updating the Illinois Estate Tax code to include protections in regards to inflation. Proponents say some families were forced to sell off some or all of the family farm to pay the estate tax, also called the "death tax." ...
TOPEKA (AP) - Kansas' Democratic governor on Wednesday vetoed a broad package of tax cuts for the second time in three months, describing it as “too expensive” despite the bipartisan support it enjoyed in the Republican-controlled Legislature. Gov. Laura Kelly and her staff had signaled that she had misgivings about a package of income, sales and property []