US Lawmakers Criticizes Trump’s Plan to End Social Security Taxes, Calls It a ‘Fatal Mistake’
It’s a bold claim that former President Donald Trump recently put forward: ending taxes on Social Security benefits. On July 31, he took to social media to declare that “Seniors should not pay tax on Social Security,” a sentiment he echoed during an August 7 interview on Fox & Friends. As a tax professional, I’ve […]
US Presidential Election 2024 Showdown: How Trump or Harris Could Affect Your Tax Bill
As we approach the next presidential election, tax policy remains a hot topic. Both former President Donald Trump and Vice President Kamala Harris have outlined their economic plans, but there’s a fresh twist with Senator JD Vance’s bold new pledge to enhance the Child Tax Credit (CTC). This proposal could significantly impact millions of families […]
Enhanced Child Tax Credit: Senator JD Vance Proposes in Bold New Pledge
In a surprising turn of events, Senator JD Vance is back in the spotlight, this time pushing for a significant boost to the federal child tax credit (CTC). Just weeks after skipping a crucial Senate vote that could have enhanced the CTC—a move that drew criticism—Vance is now advocating for a 150% increase in the […]