🔥The House is eyeing a vote on a child tax credit bill that could mean more money for families.
💰The IRS has launched new programs to make tax filing easier for eligible taxpayers.
💡The FED is expected to cut interest rates multiple times this year, which could benefit businesses and individuals.
📝Tax filing has started, but there may be changes that could affect your refund.
📈The US economy performed well in 2023, with solid GDP growth and low unemployment.
What is the child tax credit bill?
—The child tax credit bill is a legislative proposal that aims to put more money in the pockets of families by expanding the child tax credit.
What are the new programs launched by the IRS?
—The IRS has launched new programs to make tax filing easier for eligible taxpayers, including free file and direct file options.
How many times is the FED expected to lower interest rates?
—The FED is expected to lower interest rates about three times this year to stimulate economic growth.
Should I file my taxes now or wait?
—If you have children and Congress passes the child tax credit bill, it may be beneficial to wait before filing your taxes to potentially receive a larger refund.
What were the highlights of the US economy in 2023?
—The US economy experienced solid GDP growth and low unemployment, outperforming other major advanced economies.
00:00In this video, we discuss the big decisions coming from Congress and the FED that will impact millions of Americans in 2024.
01:45The House is considering a child tax credit bill that could put more money in people's pockets.
03:10The IRS has launched new programs to make tax filing easier for eligible taxpayers.
05:05The FED is expected to lower interest rates multiple times this year, which could benefit businesses and individuals.
06:32Tax filing has started, but there may be changes that could affect your refund.
08:08The US economy performed well in 2023, with solid GDP growth and low unemployment.
