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Leveraging Tax Credits for Paid Leave: A Deep Dive into the American Rescue Plan Act of 2021
- February 26, 2024
- Posted by: Mahfuj Ruzel
- Categories: Finance & accounting, Marketing, Tax Credit, Tax News, Tax Preparation
No CommentsThe American Rescue Plan Act of 2021 introduced pivotal tax credits for paid leave, offering crucial support to individuals and businesses impacted by the ongoing challenges of the COVID-19 pandemic. This article focuses on the specific provisions related to self-employed individuals as outlined by the Internal Revenue Service (IRS). We explore eligibility criteria, qualified amounts, claiming procedures, and provide insights into maximizing these tax benefits.
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SETC Tax Credit Overview: Navigating Tax Benefits For Self-Employed Taxi Services (Uber, Lyft, Curb)
- February 25, 2024
- Posted by: Mahfuj Ruzel
- Categories: Finance & accounting, Marketing, Tax Credit, Tax News, Tax Preparation
Self-employed individuals in the taxi services sector, including those driving for platforms like Uber, Lyft, and Curb, can unlock valuable tax benefits through the Self-Employment Tax Credit (SETC). This comprehensive guide delves into the intricacies of the SETC, outlining eligibility criteria, qualified amounts, and strategic approaches for maximizing tax savings.
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