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Year-End Tax Strategies for Businesses

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Some of the credit highlights include: Qualified Commercial Clean Vehicles (NEW) – A credit can be claimed for clean vehicle purchases between 2024 and 2032 for an amount not exceeding $7,500 per vehicle (with a gross vehicle less than 14,000 pounds) or $40,000 (for all other vehicles). C corporation pays to add $0.94

Tax 105
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Individuals and Pass-Through Entity Owners Leery Over Harris Tax Policy

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The Tax Policy Center estimates that only 200,000 individuals are currently subject to AMT, but this number will increase to 7.6 million in 2032. Learn about the potential economic impacts, the changes to capital gains taxes, and how these policies could shape the future of the American tax system.