If Congress can't reach an agreement, a number of tax breaks for parents could be on the chopping block.
CNN Money reports that four tax breaks for low-income parents could cease to exist soon. That means thousands of dollars that used to go back into your pocket after filing taxes, won't. For the Earned Income Credit, "low-income" is defined as a married couple with three kids making a little over $50,000 a year. If Congress fails to extend tax cuts before the end of the year, the Child Tax Credit, Earned Income Credit, Child and Dependent Care Credit and American Opportunity Credit would be reduced or chopped, according to CNN Money. This isn't a done deal, but a definite possibility. What do you think about those tax breaks potentially ending? We have a significant amount of national debt -- should we try to plug the hole with more tax …
Since Tax Day, April 15, falls on a District of Columbia holiday, the deadline to e-file or postmark tax returns has been pushed to Monday, April 18.
There’s bad news and good news. The bad news is, it’s tax time. The good news is, the deadline has been pushed to Monday, April 18, since Tax Day, April 15, falls on a District of Columbia holiday. If you have waited until the last minute, that extra 72 hours might be a big help to you, especially since the days fall over the weekend. Barrow Patch checked in with Barrow County’s Mark Still, CPA at O'Neal, Broach & Still, to see if his office has been swamped with last minute filers, and to find out if he had any tips for those who procrastinate. “We spend the last week before April 15 estimating whether or not people who have not filed should send in estimated payments with their extensions," Still said. "The filing deadline allows …
33.98883
-83.71967
Liberty Tax Service
64 E May St, Winder, GA
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1626305
/locations/4064717
33.99396
-83.72017
Advance Finance and Tax Service
16 W Midland Ave, Winder, GA
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1626148
/locations/4064718
33.99828
-83.70925
Barrow County Tax Assessor's Office
233 E Broad St, Winder, GA
/articles/tax-day-looms-but-deadline-to-file-is-later-than-you-may-think
1800111
/locations/4064719
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