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Yearly Archives: 2022

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Read more about the article Child Tax Credit 2023-2024: What It Is, Requirements and How to Claim

Child Tax Credit 2023-2024: What It Is, Requirements and How to Claim

  • Post author:Dominique Jean-Baptiste
  • Post last modified:December 7, 2023
  • Post comments:0 Comments

The child tax credit is a federal tax benefit that plays an important role in providing financial support for American taxpayers with children. People with kids under the age of…

Continue ReadingChild Tax Credit 2023-2024: What It Is, Requirements and How to Claim
Read more about the article Self-Employed Individuals & Business Deductions

Self-Employed Individuals & Business Deductions

  • Post author:Dominique Jean-Baptiste
  • Post last modified:December 7, 2023
  • Post comments:0 Comments

If you are self-employed there are many deductions you can claim against your business income on your 2023 tax return, including travel and home office expenses; if you use part…

Continue ReadingSelf-Employed Individuals & Business Deductions
Read more about the article IRS provides tax inflation adjustments for tax year 2024

IRS provides tax inflation adjustments for tax year 2024

  • Post author:Dominique Jean-Baptiste
  • Post last modified:December 7, 2023
  • Post comments:0 Comments

IR-2023-208, Nov. 9, 2023WASHINGTON — The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules…

Continue ReadingIRS provides tax inflation adjustments for tax year 2024
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  • Retirement Contribution Deductions
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  • Child and Dependent Care Tax Credit (CDCTC)
    Child and Dependent Care Tax Credit (CDCTC)
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