02/09/2025
https://m.youtube.com/watch?v=9CfsvxPE8A8
How to fill out a W4 Form
How to fill out a W4 Form 2022 is a video covering the new tax form that determines how much taxes you should be withholding from your paycheck. We will walk...
12/05/2024
2024 Earned Income Tax and Child tax credit
Child tax credit 2024
For 2024, the child tax credit is worth up to $2,000 per qualifying dependent child.
The refundable portion, also known as the additional child tax credit, is worth up to $1,700.
You're eligible for the full credit amount if your MAGI is $400,000 or below (married filing jointly) or $200,000 or below (all other filers). If your MAGI exceeds the above limits, the credit is reduced by $50 for each $1,000 of income above the threshold until it phases out completely.
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables
https://turbotax.intuit.com/tax-tips/family/7-requirements-for-the-child-tax-credit/L3wpfbpwQ
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables?fbclid=IwZXh0bgNhZW0CMTEAAR3q5WFMN0xzGh_xTyjaIObckMLJ1_N_cLsY49PFUyyh3KPWj2w37pznnUs_aem_cQHhEcNaUZY6BDNz8W9F0w
12/05/2024
2024 capital gains tax rate for long and short term
12/05/2024
2024 tax brackets and standard deduction
01/10/2024
2024 tax filing season set for January 29, 2024.
April 15 tax filing deadline for most taxpayers.
https://www.irs.gov/newsroom/2024-tax-filing-season-set-for-january-29-irs-continues-to-make-improvements-to-help-taxpayers #:~:text=WASHINGTON%20—%20The%20Internal%20Revenue%20Service,and%20processing%202023%20tax%20returns.
01/04/2024
IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile
IRS issues standard mileage rates for 2024; mileage rate increases to 67 cents a mile, up 1.5 cents from 2023 | Internal Revenue Service
IR-2023-239, Dec. 14, 2023 — The Internal Revenue Service today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
11/29/2023
Credits for new clean vehicles purchased in 2023 or after
https://www.fueleconomy.gov/feg/tax2023.shtml
https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after
Tax Incentives
Find out how you can save money through Federal tax incentives on your purchase of a new plug-in hybrid or electric vehicle!
11/29/2023
2023 capital gains tax rate for long and short term
11/29/2023
2023 Earned Income Tax and Child tax credit
The 2023 child tax credit is worth up to $2,000 per qualifying dependent under the age of 17.
The credit amount decreases if your modified adjusted gross income exceeds $400,000 (married filing jointly) or $200,000 (all other filers).
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables
https://turbotax.intuit.com/tax-tips/family/7-requirements-for-the-child-tax-credit/L3wpfbpwQ