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What is the Work Opportunity Tax Credit (WOTC)?
TheStreet.com· 10 hours agoLearn how the Work Opportunity Tax Credit (WOTC) can benefit your business with up to $9,600 credit per qualified employee. A business may be eligible for the WOTC if it hires ...
CRA denies taxpayer's medical expense credit for his visiting father's hospital stay
Financial Post via Yahoo Finance· 8 hours agoUnder the Income Tax Act, you can claim a METC for expenses you paid for yourself, your spouse or...
Stimulus check update: Americans have one day to claim direct payment
Newsweek· 8 hours agoAfter May 17, the Internal Revenue Service will no longer be holding onto more than $1 billion in...
Taxes are a pain. Here’s how to make them a less expensive pain if you live in Massachusetts. - The...
The Boston Globe· 4 days agoThe key part is doing everything you can to avoid the latter — through these things called tax...
American families are struggling with debt. When it gets forgiven, the tax code treats it like extra...
Fortune· 9 hours agoAs far as the IRS is concerned, debt that has been wiped off that family’s books is akin to a salary or hourly wages. If, for example, a family owed $50,000 in medical debt, but on their own ...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 10 hours ago...representation of value that is recorded on a cryptographically-secured distributed ledger (or any similar technology), without regard to whether each individual transaction involving that digital asset is actually recorded on that ledger, including non-fungible tokens ("NFTs"), that take place...
FAT Brands Chairman Andy Wiederhorn Accused of Hiding $47 Million from Federal Agents and Investors
QSR· 6 days agoAmon, is accused of hiding reportable and taxable income and evading millions in taxes. This also...
School voucher changes will benefit North Carolina’s wealthiest households
NC Newsline via Yahoo News· 15 hours agoThink of the things that you’ll be doing over the next year—planning a vacation to the beach,...
Cut state tax on capital gains | Sampson Independent
Sampson Independent· 2 days agoOver the past decade, the General Assembly has pursued a tax-reform strategy designed to foster growth and expand freedom in the Tar Heel State. State...
The Immaculate Expatriation: Bitcoin Jesus And The Exit Tax
Forbes· 4 days agoMark Cuban is a wealthy man. According to a recent post on the social platform X, the Texas-based...