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  2. The US House passes the bipartisan tax deal to expand ... - AOL

    www.aol.com/finance/us-house-passes-bipartisan...

    A nearly $80 billion bipartisan tax deal, which combines a temporary expansion of the child tax credit with long-sought provisions for business, made a significant step forward Wednesday evening ...

  3. Child Tax Credit: Everything You Need To Know Before ... - AOL

    www.aol.com/child-tax-credit-everything-know...

    The child tax credit (CTC) is a nonrefundable tax credit available to taxpayers with dependent children under the age of 17. The maximum tax credit per qualifying child is $2,000, while the ...

  4. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of private equity in developing affordable housing. [2] Projects ...

  5. Income tax in Canada - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Canada

    Tax collection agreements enable different governments to levy taxes through a single administration and collection agency. The federal government collects personal income taxes on behalf of all provinces and territories. It also collects corporate income taxes on behalf of all provinces and territories except Alberta. Canada's federal income tax system is administered by the Canada Revenue ...

  6. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1] For a person or couple to claim one or more ...

  7. What are Medicare’s income limits in 2023? Here’s how to ...

    www.aol.com/finance/medicare-income-limits-2023...

    The standard monthly premium amount for Part B in 2023 is $164.90 and applies to those with a MAGI of up to $97,000 as an individual, and up to $194,000 as a married couple filing taxes jointly ...

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