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Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...
The COVID-19 pandemic was confirmed to have reached the U.S. state of Ohio on March 9, 2020, when the state's first cases were reported. The first death from COVID-19 in Ohio was reported on March 19. Subsequently, records supported by further testing showed that undetected cases had existed in Ohio since early January, with the first confirmed ...
The COVID-19 pandemic is an ongoing viral pandemic of coronavirus disease 2019 (COVID-19), a novel infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The pandemic affected the city of Columbus, Ohio , as Ohio's stay-at-home order shuttered all nonessential businesses, and caused event cancellations into 2021.
For taxpayers this year filing their 2022 tax returns, any charitable contributions must be itemized using the Schedule A form to get a deduction. That’s a big change from the last two years ...
Commodity prices have historically run in cycles that often play out in a certain market’s own world—crude oil may rally, for example, while corn tumbles—each for separate reasons. But what ...
[18] [19] The Revenue Act included a deduction for state and local taxes, as well as national taxes. [17] [20] This Civil War-era income tax was repealed in 1871. A federal income tax was again introduced in 1894, and again included deductions for state and local taxes, [19] but in 1895 the Supreme Court ruled the income tax unconstitutional in ...
Apr. 4—A plan to change ballot language for tax levies across Ohio has support from a group which calculates property taxes and opposition from entities which spend them. Ohio House Bill 140 ...
The Consolidated Appropriations Act, 2021 is a $2.3 trillion [1] spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year (combining 12 separate annual appropriations bills) and prevents a government shutdown.