DON’T FILE TAXES YET!! Last-Minute Deal… 2024 RETROACTIVE TAX CREDITS

BREAKING NEWS – Tuesday January the 16th congress announced providing millions of Americans tax breaks that would go out to parents and businesses in a last-minute deal that would be applied retroactively to 2023 for tax filings in 2024.

The proposal, released by Democratic Sen. Ron Wyden and Republican Rep. Jason Smith, would boost the refundable portion of the credit people can claim, allow low-income families with multiple children to receive more of the benefit and adjust the credit for inflation.
"Fifteen million kids from low-income families will be better off as a result of this plan, and given today's miserable political climate, it's a big deal to have this opportunity to pass pro-family policy that helps so many kids get ahead," Wyden, chairman of the Senate Finance Committee, said in a statement.
The tax package also includes new low-income housing tax credits, disaster tax relief and tax benefits for Taiwan.
Smith, the chairman of the House Ways and Means Committee, called the proposal a "common-sense tax package that will strengthen Main Street businesses, rebuild communities, support American families, and boost our competitiveness with China." https://abcnews.go.com/Politics/new-bipartisan-proposal-enhance-child-tax-credit/story?id=106415632

www.SteveRamNews.com

✦Discover over 100 stimulus checks available now around the nation (More updates arriving) https://www.reliefroadmap.com/start55661842

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As updates come out, I will be sure to share.
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