Four key tax changes in the new pandemic relief bill
In addition to broad relief measures, the latest pandemic relief bill includes several tax changes that could impact planning.
Tag: child tax credit
Change in administration may mean tax changes
With uncertainty around the upcoming elections, it is not clear what types of tax changes may be implemented under a new administration.
Enhanced tax credits may balance lost exemption in tax reform
An increase in the child tax credit may help families realize a tax advantage even as the personal exemption is lost.
Tax reform proposals may limit deductions, loopholes
As discussion around tax changes increases on Capitol Hill, proposals point to a reduction in tax preference items and tax loopholes.