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Foreign Tax Credit: A Guide to Reducing Double Taxation on Foreign Income
The point of this tax credit is to cut down on the double taxation American citizens and resident aliens must pay on income earned while living and working abroad. Depending on your situation ...
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Bill Introduced to Extend Biodiesel Tax Credit and Prevent ‘Double-Dipping’
Rep. Mike Carey (R-Ohio) introduced the Biodiesel Tax Credit Extension Act of 2024, which seeks to extend the biodiesel tax credit (40A credit) through 2025. The bill excludes sustainable aviation ...
How to Handle Taxes When You Live and Work in a Different State
If you live in one state and work in another, taxes can be complicated. And the rules can vary significantly from state to ...
Ohio lawmakers to drop DeWine’s ‘sin tax’ hikes from budget plan, add $600M in Browns stadium bonds
Lawmakers are preparing to dump Gov. Mike DeWine’s proposed tax hikes on cigarettes, marijuana, and sports gambling, as well as advance a plan to issue $600 million in bonds for a new Cleveland Browns ...
Bobby Harrison: ‘School choice’ supporters in MS want public money without accountability
The latest example of avoidance of accountability for private schools receiving public funds is legislation authored by Trey ...
Capital Public Radio18d
Newsom wants to more than double California’s film industry tax credit. Would it pay for itself?
While the governor is proposing to double tax incentives to keep more ... Zbur added that expanded tax credits in other states play a large role in California losing productions.