Salt and Light Group

Don't be in a rush to file your 2023 taxes!

Possible increased child tax credits, bonus depreciation, and other major tax breaks are still in discussion for retroactive treatment for 2023.

Bipartisan tax deal could expand Child Tax Credit and extend business tax breaks The legislation expands a popular child tax credit and aplies to families with multiple children. It also speeds up some tax breaks for research and development expensing for corporations.