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The Recovery Act was a stimulus package enacted by the 111th U.S. Congress and signed by President Obama in February 2009 to save jobs and create new ones during the Great Recession. It included spending on infrastructure, education, health, and renewable energy, as well as tax cuts and relief programs.
Learn about the federal tax cuts enacted by the 105th United States Congress and signed by President Bill Clinton in 1997. The act created the Roth IRA, lowered capital gains and income taxes, and increased the estate tax exemption.
The IRS reported on Thursday that nearly 1 million taxpayers never filed a 2009 return, leaving a total of $917 million in tax refunds unclaimed. ... The amounts involved are fairly large in many ...
Learn about the partially refundable tax credit for post-secondary education expenses in the US, first enacted in 2009 and made permanent in 2015. Find out the eligibility, amount, phase-out, and history of the credit, as well as related legislation and references.
In the 2024 tax year (for filing taxes in 2025), the saver’s credit phases out at $76,500 for married couples filing jointly, $57,375 for heads of household and $38,250 for singles and married ...
Learn about the federal tax credit for low- to moderate-income working individuals and couples in the US, especially those with children. Find out the eligibility requirements, benefit amount, history, and controversies of the EITC.
The Senior Citizen's League says the average retiree's Social Security check has lost 20% of its buying power since 2010, despite COLAs that have increase those checks by about 40%.
Learn about the federal program that provides retirement, disability, and survivor benefits to eligible workers and their families. Find out the history, funding, administration, and current issues of Social Security in the U.S.
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