| The Internal Revenue Service and the Treasury Department are following up on their threat to forestall attempts by states to get around the $10,000 limit in the Tax Cuts and Jobs Act on deductions of state and local taxes by setting up state-run charitable contribution funds. |
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| | | | | | | | | | | | | | | | | | | Top Stories | | | | | | | | | | | | | | IRS to propose rules about new $500 non-child dependent tax credit | | by MICHAEL COHN | | | | The Internal Revenue Service and the Treasury Department published a notice Tuesday saying they intend to issue proposed regulations clarifying who is a qualifying relative for the new $500 credit for dependents and head of household filing status for years in which the exemption amount is zero for tax years 2018 through 2025. READ MORE » |
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