Tag Archives: Vermont
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreThe Earned Income Tax Credit (EITC) is an important tax benefit for working families with low income. Though under-utilized, this credit seeks to reduce poverty and has been proven effective in doing so by putting more of the taxpayer’s money back into their hands. The state of Vermont has enacted their own version of the […]
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