Getty Images The enhanced child tax credit captured America’s attention this summer as millions of families began receiving payments. But Congress also boosted a lesser-known write-off this year for working families: the child and dependent care tax credit. Often conflated with the child tax credit, the child and dependent care tax credit offers working parents
0 Comments
In the news: “Disgraced Gov. Cuomo files for $50K pension ahead of delayed resignation.” According to the New York Post, “Disgraced Gov. Andrew Cuomo filed retirement papers with the state to receive a $50,000 annual lifetime pension — just days before his resignation takes effect over his sexual harassment scandal. “’The governor just filed his application for service retirement.
0 Comments
In the second of a two-episode series, Tax Notes contributing editor Marie Sapirie interviews Shuting Pomerleau, a climate policy analyst at the Niskanen Center, about her views on a carbon tax. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This
0 Comments
Social Security beneficiaries probably will receive the highest benefit increase in years when the 2022 COLA is announced later this year. Social Security, as you know, gives beneficiaries an annual cost of living adjustment, or COLA. The COLA is based on the 12-month change in the Consumer Price Index (CPI) through September. The Social Security
0 Comments
Theoretical physicist Michio Kaku lauded a recent nuclear fusion experiment at Lawrence Livermore National Laboratory. “This is a giant step toward the holy grail of energy research,” said Kaku, professor of theoretical physics at the City College and City University of New York. “To hit break-even, to extract more energy than you put in, and
0 Comments
In this article CSCO Cisco’s Chairman and CEO Chuck Robbins. Chesnot | Getty Images News | Getty Images Cisco shares moved slightly lower in extended trading on Wednesday after the networking hardware company reported earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: 84 cents per share, adjusted, vs. 82 cents per share
0 Comments