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  2. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. 111–5 (text) (PDF)), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...

  3. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero.

  4. It's True: These 37 States Do Tax Some Retirement Income - AOL

    www.aol.com/finance/true-37-states-tax...

    Michigan. New Jersey. New Mexico. Oklahoma. Rhode Island. South Carolina. Exclusions, deductions, and exemptions can vary quite a bit from one of these states to the next. For instance, in New ...

  5. Michigan retirees run into some early software roadblocks and ...

    www.aol.com/michigan-retirees-run-early-software...

    Like many Michigan retirees, John Harnois is looking forward to saving good money on his state income taxes, thanks to a repeal of the so-called "retirement tax" beginning in 2023.. Now, if ...

  6. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009. The program is designed ...

  7. Tax refunds from Michigan, IRS: How to check status of state ...

    www.aol.com/tax-refunds-michigan-irs-check...

    The Michigan Treasury is processing both the supplemental checks for the 2022 tax year for the Michigan earned income tax credit and individual income tax refunds for the 2023 tax year.

  8. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    Increase Social Security taxes. If workers and employers each paid 8.0% (up from today's 6.2%), it would provide solvency through 2090. Self-employed persons would pay 16.00% on earnings (up from today's 12.4%) under this proposal. [118] Raise the retirement age(s). Raising the normal retirement age by two months per year until it reaches 69 in ...

  9. It's True: These 37 States Do Tax Some Retirement Income - AOL

    www.aol.com/true-37-states-tax-retirement...

    These 9 states tax Social Security benefits. Here are the nine states that do tax Social Security benefits: Colorado. Connecticut. Minnesota. Montana. New Mexico. Rhode Island. Utah.

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