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The Corporate Tax Rate Tug-of-War

Q: What is the corporate tax rate tug-of-war? A: The corporate tax rate tug-of-war refers to the ongoing debate and conflict between various stakeholders—such as government officials, businesses, and public interest groups—over the appropriate level of corporate taxation. This tug-of-war involves discussions on how taxes can impact economic growth, investment [...]

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What is the IRS Fresh Start Program?

**Slug: IRS Fresh Start Program Overview** **Meta Description:** The IRS Fresh Start Program offers relief to struggling taxpayers and small businesses. Learn about its history, benefits, and how it can help you achieve a financial fresh start in 2023. — The IRS Fresh Start Program, launched in 2011, continues to [...]

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How Tax Reform Can Bolster Americans’ Shrinking Savings

Tax reforms have the potential to significantly improve Americans’ dwindling savings rates. As economic challenges continue to impact household finances, understanding how tax policy shifts can encourage saving is necessary. By examining various tax incentives and credits, she can identify ways that reform can lead to increased savings among families. [...]

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FedTaxPro: How to make your donations count for both those in need—and your taxes.’Tis the season for giving, and your generosity can give back to you by lowering your tax bill. With tax-savvy charitable donations, you can support causes you care about while reducing your taxable income on your federal return. Qualifying donations to IRS-recognized 501(c)(3) organizations may […] The post 5 Tax-Savvy Charitable Donations That Can Lower Your Tax Bill appeared first on Tax Problem Solver.

### Slug: how-to-make-charitable-donations-count-for-tax-benefits Charitable donations can bolster tax benefits, especially during the holiday season. Strategic giving to 501(c)(3) organizations can reduce taxable income on federal returns. Depending on eligibility, these donations can allow deductions from 20% to 60% of adjusted gross income. However, not every contribution qualifies for this benefit. [...]

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FedTaxPro: Key tax reforms could impact your income, savings, and investments starting in 2025.The 2024 elections are over, and President-elect Donald Trump is poised to introduce major Trump tax policy changes aimed at reshaping the economy, jobs, and taxes. With a Republican majority in Congress, these changes could pass quickly, bringing significant impacts to taxpayers like […] The post Trump Tax Policy Changes: 11 Proposals and What They Mean for You appeared first on Tax Problem Solver.

**Slug:** trump-tax-reforms-2025-impact **Meta Description:** In 2025, proposed Trump tax reforms could reshape income, savings, and business taxes in the U.S. Learn about the 11 key changes and their potential effects. — Proposed tax reforms under President-elect Donald Trump could alter financial landscapes beginning in 2025. With the 2024 elections concluded, [...]

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How Did the Tax Cuts and Jobs Act Simplify the Tax Code?

Key Takeaways: Standard Deduction: The Act nearly doubled the standard deduction, making it easier for taxpayers to file without itemizing deductions. Fewer Tax Brackets: It reduced the number of tax brackets, simplifying the understanding of tax rates and liabilities for many individuals. Elimination of Personal Exemptions: The removal of personal [...]

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