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Democrats’ Latest Child Tax Credit Plan Pushes Bonus for Babies

CPA Practice

There was also an option to take some or all of the credit as a lump sum when filing annual tax returns. Rosa DeLauro of Connecticut, Suzan DelBene of Washington and others would increase the size of the credit in the month a baby is born to $2,000. who held a hearing last week on family and household tax benefits.

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Tax Authorities Set an Aggressive Schedule for Global Minimum Tax

ThomsonReuters

The Global Minimum Tax is the latest initiative spinning off of the Base Erosion and Profit Shifting (BEPS) initiative from the Organisation for Economic Co-operation and Development (OECD). In a recent report for Checkpoint , Robert Rizzi, a tax partner with Steptoe & Johnson LLP in Washington and New York, noted that U.S.

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