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[Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
The One Big Beautiful Bill will be beneficial to you in the following ways:
- Increased Child Tax Credit: increased from $2,000 to $2,200 for qualified taxpayers
- no tax on overtime - deduction of up to $12,500 per taxpayer with phaseout for MAGI over $150,000 (over $300,000 for Married Filing Jointly filers)
Hope that helps @Bpasten90
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3 weeks ago
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