Increased Child Tax Credit:The child tax credit has been increased for the 2017 tax year. If you have dependent children, you may be eligible for a larger credit, which can help reduce your tax liability or even result in a refund. It’s important to note that these are just a few hig...
Both policies aim to increase supply of affordable rental housing for low-income families. LIHTC finances the development of affordable rental housing through a tax credit system, whereas NRAS provides an annual tax-free incentive for investors to purchase new affordable dwellings and rent them at ...
Democrats in charge at the Capitol have sought to target their tax relief to lower- and middle-income Minnesotans. What they're calling the "centerpiece" to this legislation is a child tax credit for low-income families thatresearchers at Columbia University predict...
“On the estate side, the annual gifting exclusion increase to $17,000 in 2023 provides additional gifting opportunities for smaller gifts that can be made for life’s needs today. Anything from the purchase of a car for a child, expenses to pay or subsidize...
The supply chain was just struggling to keep up with this huge jumping demand. We're not seeing that this time round. So goods demand is not falling. It's kind of growing, but it's much more steady. There's nothing like this sort of 30% increase in U.S. consumer goods demand that...
A“child allowance,” in the policy lingo, is a policy that provides a per-child payment to every family with children. The US has for some decades now has a “child tax credit,” which has reduced taxes and paid refunds to low-income families with children. But during the pandemic, th...
Samik Chatterjee, an analyst at JPMorgan Chase, published a research report saying that the US government's plan to raise the statutory federal tax rate and reform the global intangible low tax revenue will have a negative impact on Apple's profits. The analyst kept his forecast for iPhone ...
At the same time, Democratic state lawmakers in Michigan and elsewhere have moved in the opposite direction, proposing steeper penalties for businesses that violate child labor laws in response to a series of recent stories involving minors hurt on the job or working in dangerous conditions. The ...
Regulators want to increase protections for investors, keep markets stable, and bring more transparency to a rapidly evolving digital landscape. Here's a breakdown of the rationale behind the SEC stepping up its enforcement over cases involving cryptocurrencies: ...
“For households, for example, on a fixed income, a $200-a-month increase in rent can be and has been the tipping point for a household to fall into homelessness,” Roselyn said. “And I think that’s something that co...