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On October 4, 2023, the Massachusetts Governor, Maura Healy, signed a historic tax relief bill to provide financial aid to our residents. The first of its kind in more than 20 years, this $1 billion tax relief bill will significantly change the Massachusetts tax system, benefiting all taxpayers. Read on to learn more about this bill, and if you have any questions on how this will impact you, reach out to our team at Walter Shuffain. #MATaxRelief #Massachusetts #taxrelief #statetax #financialrelief #taxbenefits

If you are just one of the several taxpayers in Rockwall, Texas that owes the IRS or state tax authorities, you might be feeling overwhelmed and unsure of where to turn. Fortunately, Executive Tax Solution is right here to offer tax relief help to those who need it most.At Executive Tax Solution, we recognize that dealing with tax obligation issues can be demanding and lengthy. That's why we provide a series of tax relief services made to aid people and organizations come back on course with their tax obligation obligations.Whether you're dealing with back tax obligations, wage garnishments, bank levies, or various other tax obligation issues, we have the experience and experience to aid you discover a remedy that works for your distinct situation.Here's a more detailed look at just how Executive Tax Solution offers tax relief help in Rockwall, Texas: #### Free Appointment The primary step in getting tax relief help from Executive Tax Solution is to set up a cost-free consultation. Throughout this appointment, one of our seasoned tax obligation experts will certainly review your situation and offer an overview of the services we offer.We'll take the time to understand your particular tax obligation concerns and answer any kind of inquiries you may have concerning the pr

https://conta.cc/3rUW3U2 The Big Texas Property Tax Relief Package—What's Done, What Needs To Be Done And The Confusion To Follow.

The U.S. House approved a $78 billion tax package, expanding the child tax credit and reinstating business incentives. The bipartisan vote of 357-70 sends the bill, named the Tax Relief for American Families and Workers Act of 2024, to the Senate. It faces opposition and support from both parties, with debates on issues like child tax credit expansion and tax incentives for businesses. If passed, President Biden is likely to sign it. The bill includes provisions to strengthen America's competitive position with China, make housing more affordable, and aid natural disaster recovery. The Senate will further deliberate on potential amendments.

Having had the opportunity to be a board member of the The Iowa Center for 8 years I couldn't be more proud of the work we do. This is just one example of the great and impactful work we do to help low income Iowans and small business owners across the state! #smallbusiness #smallbusinessloans #smallbusinesscoaching

The U.S. House approved a $78 billion tax package, expanding the child tax credit and reinstating business incentives. The bipartisan vote of 357-70 sends the bill, named the Tax Relief for American Families and Workers Act of 2024, to the Senate. It faces opposition and support from both parties, with debates on issues like child tax credit expansion and tax incentives for businesses. If passed, President Biden is likely to sign it. The bill includes provisions to strengthen America's competitive position with China, make housing more affordable, and aid natural disaster recovery. The Senate will further deliberate on potential amendments.

Quick reference in taxes by state... Alaska, New Hampshire, Wyoming, Tennessee and Florida leading the pack... #know the facts #jproctorgroup #atproperties #christiesinternationalrealestate https://lnkd.in/gGMs2TxR

📢 **Exciting Tax News for 2023!** 📣 Attention all taxpayers! There's a potential child tax credit expansion in the works that could provide additional financial support to families. 🤑 If passed into law, this expansion aims to offer more assistance with fewer restrictions, benefiting even more families. 🌟 Wondering whether to wait for this bill to pass before filing your tax return? Here's the breakdown: 1️⃣ If you're not eligible for this credit, file your tax return now to secure your refund! 2️⃣ But if you are eligible, you face a dilemma. Filing now means you won't benefit from the new child tax credit later. Don't worry if you've already filed; you can still amend your tax return to claim the extra money. Consult with an accountant for guidance. For expert tax advice or assistance, contact us at 📞662-350-0703 or ✉️hello@consandrarice.com. We're here to help you make the most of your tax returns! 💰 #TaxTips #ChildTaxCredit #FinancialPlanning

The U.S. House of Representatives has passed the Federal Disaster Tax Relief Act by a vote of 382 to 7. The legislation is a standalone bill carved out from the broader Tax Relief for American Families and Workers Act, which passed the House last January but has stalled in the U.S. Senate. Among other things, the new bill would exclude from gross income, for tax purposes, any compensation received for losses, damages, and expenses incurred due to certain federally declared disasters. It also would extend special rules for deductibility of certain personal casualty losses. The tax relief would be in effect from 2020 through 2025. The bill’s fate remains uncertain in the Senate.

The U.S. House of Representatives has passed the Federal Disaster Tax Relief Act by a vote of 382 to 7. The legislation is a standalone bill carved out from the broader Tax Relief for American Families and Workers Act, which passed the House last January but has stalled in the U.S. Senate. Among other things, the new bill would exclude from gross income, for tax purposes, any compensation received for losses, damages, and expenses incurred due to certain federally declared disasters. It also would extend special rules for deductibility of certain personal casualty losses. The tax relief would be in effect from 2020 through 2025. The bill’s fate remains uncertain in the Senate.