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  2. How COVID-19 Relief Will Affect Your Taxes - AOL

    The second-biggest piece of the 2021 COVID relief package was the expanded Child Tax Credit — and if you qualified for it, this will affect your taxes. “For those with children, your tax ...

  3. Trump wants payroll tax relief to calm virus-spooked markets

    Trump wants payroll tax relief to calm virus-spooked markets ZEKE MILLER March 9, 2020, 5:01 PM WASHINGTON (AP) — President Donald Trump said Monday his administration will ask Congress to pass...

  4. Student loan debt relief announced: Here’s what it means for you

    Up to $10,000 in debt cancellation for federal student loans and. Up to $20,000 in debt cancellation to Pell Grant recipients with loans held by the Department of Education if individual income is ...

  5. American Taxpayer Relief Act of 2012 - Wikipedia

    The American Taxpayer Relief Act of 2012 ( ATRA; ) was enacted (January 1, 2013) and was passed by the United States Congress on January 2, 2013, and was signed into law by US President Barack Obama the next day. ATRA gave permanence to the lower rates of much of the "Bush tax cuts".

  6. Middle Class Tax Relief and Job Creation Act of 2012 - Wikipedia

    On December 23, 2011, the House and Senate passed H.R. 3765, also called the Temporary Payroll Tax Cut Continuation Act of 2011, and President Obama signed it the same day. The bill's effect was to extend lower payroll tax rates past December 31, 2011, when they would have expired. [7]

  7. Tax Relief, Unemployment Insurance Reauthorization, and Job ...,_Unemployment...

    A temporary, one-year reduction in the FICA payroll tax. The normal employee rate of 6.2 percent is reduced to 4.2 percent. The rate for self-employed individuals is reduced from 12.4 percent to 10.4 percent. [9] The negative revenue impact of this measure was estimated at $111 billion. [7]

  8. Paycheck Protection Program and Health Care Enhancement Act

    The CARES Act created the $349-billion Paycheck Protection Program, which provided low-interest loans to small businesses that were forgivable if they maintained their employees and payroll. The $349 billion was fully allocated within 13 days. During those 13 days, 1.6 million loans were approved by nearly 5,000 banks and other lenders. [3]

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