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Ep #228 - Tax Relief for American Families and Workers Act of 2024

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Manage episode 411710234 series 3268443
Content provided by Grant Bledsoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grant Bledsoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

When politicians draft tax reform bills I usually try not to pay attention until they become law, since so few actually do. This tax reform bill is a little different. The Tax Relief for American Families and Workers Act of 2024 is a bipartisan bill that got through the Ways & Means Committee with a vote of 40-3. And since some of the tax changes would be retroactive to 2023, I figured it warranted some coverage. You might want not want to file your tax return quite yet if any of these changes apply to you.

Links:

https://www.wolterskluwer.com/en/expert-insights/tax-relief-for-american-families-and-workers-act-of-2024

https://www.congress.gov/bill/118th-congress/house-bill/7024

https://tax.thomsonreuters.com/blog/understanding-the-tax-relief-for-american-families-and-workers-act-of-2024/

https://taxfoundation.org/blog/bipartisan-tax-deal-2024-tax-relief-american-families-workers-act/

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 411710234 series 3268443
Content provided by Grant Bledsoe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Grant Bledsoe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

When politicians draft tax reform bills I usually try not to pay attention until they become law, since so few actually do. This tax reform bill is a little different. The Tax Relief for American Families and Workers Act of 2024 is a bipartisan bill that got through the Ways & Means Committee with a vote of 40-3. And since some of the tax changes would be retroactive to 2023, I figured it warranted some coverage. You might want not want to file your tax return quite yet if any of these changes apply to you.

Links:

https://www.wolterskluwer.com/en/expert-insights/tax-relief-for-american-families-and-workers-act-of-2024

https://www.congress.gov/bill/118th-congress/house-bill/7024

https://tax.thomsonreuters.com/blog/understanding-the-tax-relief-for-american-families-and-workers-act-of-2024/

https://taxfoundation.org/blog/bipartisan-tax-deal-2024-tax-relief-american-families-workers-act/

  continue reading

100 episodes

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