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Poverty Rates Have Risen Since the Boosted Child Tax Credit Expired

The Motley Fool

Lawmakers acted by passing the Americans Rescue Plan, which included, among other benefits, a round of $1,400 stimulus checks and a major boost to the Child Tax Credit. The Child Tax Credit currently has a maximum value of $2,000 per child. And that amount of tax savings did a world of good for struggling Americans.

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Tax Season Is Over… For Last Year

Walkner Condon Financial Advisors

Breathe Easier Next Tax Season with These Planning Strategies Every year, most of us smile when we see April 15th in the rearview mirror. The completion of our tax returns being filed marks the beginning of a nine month period where we don’t need to think about funny acronyms and form numbers.

Taxes 105
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3 Vanguard ETFs That Can Provide Lifetime Passive Income

The Motley Fool

These funds typically boast lower turnover rates compared to actively managed alternatives, a characteristic that substantially reduces investors' tax liabilities. Since its inception in 2010, the fund has achieved an impressive 13.4% for the Vanguard High Dividend Yield ETF) further enhance their tax efficiency.

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Will You Get More Social Security Benefits in 2025? It's Complicated

The Motley Fool

on the dollar compared to the average benefit in 2010, according to The Senior Citizens League (TSCL). Another problem retirees are running into is Social Security benefit taxes. As checks grow, more people wind up owing these taxes. There isn't much seniors can do to affect COLAs or Social Security benefit taxes.

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An Unpleasant Surprise Awaits Some Social Security Beneficiaries in the New Year

The Motley Fool

A fourth straight above-average cost-of-living adjustment is headed beneficiaries' way Throughout the 2010s, Social Security beneficiaries had little to look forward to. prices fell year over year) and no COLA was passed along (2010, 2011, 2016). COLA in 2025 should expose even more retirees to this hated tax.

Taxes 240
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Here's Why Energy Transfer Stock Is a Buy Before Nov. 6

The Motley Fool

Its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) jumped 20% to $3.8 A big one is that they send their investors a Schedule K-1 federal tax form each year, which can complicate and add to the expense of filing your taxes. The midstream giant will likely report strong results.

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Why Verizon Stock Inched Higher Today

The Motley Fool

The acquirer added that owning Frontier is expected to increase both its revenue and non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization ( EBITDA ) following the close of the deal. And the numbers speak for themselves: Amazon: if you invested $1,000 when we doubled down in 2010, you’d have $23,529 !*

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