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President Trump vs Biden Tax Plan Proposal in 2020

LyfeAccounting

OCTOBER 29, 2020

Whereas Trump would like to make the existing standard deduction permanent after 2025 which is when it is set to expire. Child Tax Credits. Under the current federal law, you can get a $2000 child tax credit for a child under the age of 17 or $500 for dependents. Corporate Tax Rates. We would love to help you out!

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