In the aftermath of recent destruction caused by the California wildfires, the Internal Revenue Service (IRS) announced that individuals and businesses in Butte, Los Angeles and Ventura counties may qualify for tax relief.
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As summer quickly fades and the kids head back to school, now is a perfect time to double check your paycheck withholding to make sure you’re taking advantage of recent changes to the Child Tax Credit (CTC). I mean, who wants to pay more taxes than they absolutely have to?
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Special tax law provisions may help taxpayers and businesses recover financially from the impact of a disaster, especially when the federal government declares their location to be a major disaster area.
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