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Recent News Headlines : Tax Credit
US SENATE PASSES TAX REFORM BILL IN MAJOR VICTORY FOR DONALD TRUMP
13 Pass-through businesses Millions of US businesses pass through their income to individuals, who then pay personal income tax on those earnings, not corporate tax... READ MORE›
THE GOP TAX OVERHAUL HOW IT WILL AFFECT YOU
Personal income tax rates The bill retains the current number of brackets, seven, but changes them to 10, 12, 22, 24, 32, 35 and 37 percent... READ MORE›
HERE'S WHAT'S IN THE FINAL TAX BILL REPUBLICANS PLAN TO SEND TO PRESIDENT TRUMP NEXT WEEK
State and local tax deduction New maximum of 10,000 for a combination of property and income taxes or property and sales taxes... READ MORE›
IVANKA TRUMP USED HER CHARM TO SELL AN EXPANDED CHILD TAX CREDIT, AND IT'S WORKING
Tax reform Ivanka Trump used her charm to sell child tax credit... READ MORE›
EVS FROM TESLA AND GM MAY START LOSING THEIR TAX CREDITS
Electric Cars From Tesla and GM May Start Losing Their Tax Credits... READ MORE›
HERE ARE THE BIG TAX CHANGES HOUSE REPUBLICANS ARE PROPOSING
The corporate tax rate would be cut to a flat 20 percent from the current maximum of 35 percent... READ MORE›
REVERSE CUTS OR BACKING FOR UNIVERSAL CREDIT MAY COLLAPSE, SAYS THINKTANK
The government is under increasing pressure to make changes to universal credit amid fears that the reform will reach poll tax levels of public unpopularity... READ MORE›
GOP-LED CONGRESS UNDER FIRE AS SECRECY-SHROUDED TRUMP TAX OVERHAUL SEEN TARGETING COVETED DEDUCTIONS
But the plan to deliver up to 6 trillion in tax cuts for businesses and individuals faces challenges even from rank-and-file House Republicans... READ MORE›
CHANCELLOR URGED TO LOWER TAX RATE ON UNIVERSAL CREDIT
The taper rate on universal credit is 63 pence in the pound... READ MORE›
TRUMP PLAN WOULD RAISE TAXES ON SOME MIDDLE-INCOME PEOPLE, STUDY SAYS
He said it used reasonable and clearly stated assumptions about the framework's proposals for increasing the child tax credit and for the income-tax brackets... READ MORE›
5 TAX BREAKS PRESIDENT TRUMP WON'T KILL
Nearly all itemized deductions would get the axe if Trump's plan became law, but the mortgage interest deduction would remain unchanged... READ MORE›
