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Bipartisan Senate Tax Plan Would Expand Credits for Businesses, Children, and Low Income Housing

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JANUARY 16, 2024

Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan. Wyden, D-Ore., and Smith, R-Mo.,

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tax planning Tax New Jersey Ohio

Congressional Tax Leaders Clinch Deal on Child Credit, Business Breaks

CPA Practice

JANUARY 16, 2024

By Caitlin Reilly, CQ-Roll Call (TNS) Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan.

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Tax New Jersey Ohio income tax

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Bipartisan Senate Tax Plan Would Expand Credits for Businesses, Children, and Low Income Housing

Congressional Tax Leaders Clinch Deal on Child Credit, Business Breaks

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