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Documents tagged "Credits"

Found 2 documents with this tag

DOJ-OGR-00006676.jpg

The image shows a document with printed text on it. The title at the top of the page reads "VARIABLE ON CREDITS" in bold letters. Below this title, there is a section titled "CREDITS" followed by an instruction that says "Enter Credits to be shown" with a numerical value next to it. In addition, there are two columns on the left side of the document: one labeled "Package" and another labeled "Amount". Both columns have a checkbox next to them. The text is in black ink against a white background.

HOUSE_OVERSIGHT_029438.txt

The Tax Cuts and Jobs Act was signed into law in December 2017 after the House and Senate reconciled their respective tax bills. The legislation includes a variety of provisions affecting individual income taxes, corporate taxation, and pass-through businesses. Individual income tax rates have been reduced for most taxpayers, while many deductions and credits have been modified or eliminated. Additionally, many individual tax changes are temporary, expiring at the end of 2025, while most corporate provisions are permanent. The Act also includes significant changes to estate taxation.