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How the 2025 Income Tax Bracket Changes Will Affect You

News02/05/202524Views 0Likes 0Comments

As the calendar turns towards another tax season, millions are beginning to gear up for filing their taxes. Specifically, for the upcoming 2025 tax season, it’s important to focus on the financial activities from the tax year 2024. In Texas, residents benefit from the absence of state and income taxes, but they still need to…

Economic Lifelines: The Impact and Evolution of the Child Tax Credit

News, Tax Preparation and Tips02/05/202417Views 0Likes 0Comments

During the tumultuous period marked by job losses, salary cuts, and widespread economic instability brought on by the COVID-19 pandemic, one measure offered a glimmer of hope to beleaguered families across the United States: the federal child tax credit. This initiative represented a significant departure from previous child allowances, childcare subsidies, and programs aimed at…