If you get child tax credit payments this year, will they affect your taxes in 2022? Maybe - CNET
If your income goes up this year, you might be eligible for less of the child tax credit than originally estimated.
The IRS refers to these checks as "advance" payments ahead of 2021 tax season. "That means you're simply getting the payments sooner rather than waiting to receive that money when you file," Jaeger said.
Lake Como Holds Line on Municipal Taxes in $3.8 Million Budget | TAPinto
How the rich avoid paying taxes - Vox
In the US, most people make their money from a regular job; they get a paycheck and pay income taxes. But the richest Americans, the top 1 percent, make most of their money from things like investments in real estate or the stock market. Those investments are taxed as capital gains.
Bloomberg - Are you a robot?
The Capital Letter -- The Biden Tax Cartel, China, Industrial Policy, and More | National Review
A recent update from the Tax Foundation on the administration's tax plans does not (spoiler ahead) make for cheery reading. Here's how it begins:
President Biden's tax proposals released as part of his fiscal year 2022 budget would collect about $2 trillion in new tax revenue from businesses over 10 years.
Oktibbeha could raise taxes for capital improvements - The Dispatch
The Oktibbeha County Board of Supervisors could potentially raise taxes next fiscal year to generate revenue for a capital improvement fund.
Lynn Norris of Madison-based Government Consultants presented the board with various scenarios for issuing bonds and creating a fund for future county projects at a work session Wednesday. In order for the county to build funds, millage must be transferred or increased.
Business Highlights: Biden's executive order, minimum taxes
VENICE, Italy (AP) — U.S. President Joe Biden's proposal for a global minimum corporate tax will get another going over at a meeting of top finance officials. The Group of 20 ministers meeting in Venice are likely to sign off on the idea. But there are still issues to be worked out.
NEW YORK (AP) — Stocks closed with solid gains on Wall Street Friday, ending a holiday-shortened week with their third straight weekly gain. The S&P 500 rose 1.1% to another record high, led by banks and technology stocks.
Eight Takeaways From ProPublica's Investigation of How Sports Owners Use Their Teams to Avoid
Also: Do you have expertise in tax law, accounting or wealth management? We'd love to hear from you .
In the latest installment of "The Secret IRS Files," ProPublica delved deep into tax information for dozens of team owners across the four largest American pro sports leagues. Here's what we found:
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