CTC

Divorce is always hard, but divorce with children is exponentially more so, particularly regarding taxes, including Child Tax Credit. One of the most contentious aspects of paying taxes after a divorce is the children. Your eligibility…

Tax season is a time of tension and worry as they rush to deliver their documentation to their accountant before the tax deadline of April 18, 2023. Some people have already submitted their tax refunds because they are exceptionally…

The Internal Revenue Service (IRS) stated that the elimination of tax benefits from the COVID-19 era will alter how taxpayers file deductions this year and will likely result in reduced refunds or larger tax obligations for many Americans.…

Before Republicans take control of the House this year, Democrats have been attempting to extend the Child Tax Credit and make it permanent. The Child Tax Credit (CTC) in the United States will revert to pre-pandemic levels of $2,000 per…

The United States is distributing this $1,200 direct present as a stimulus payment during the holidays when money for children is always appreciated. A novel concept has been proposed as a result of a substantial state budget surplus…

In the United States, this direct payment of $1,200 in the form of a stimulus check is being made to children. This is especially beneficial during the holiday season. Due to a substantial state budget excess, a new idea has been…

A divided government will likely impede tax policy in 2023 as a GOP House that wants to go after the IRS faces a Democratic administration and Senate with differing tax plans, including an extended Child Tax Credit. In the following…