Last Minute Tips for Filing Your Tax Return

Cape Cod News editorial staff

Last Minute Tips for Filing Including the Cranberry Bog Credit

How do I manage my 2022 tax returns?

Visit with LCTV's own Tax Experts to learn a few tips for managing your 2022 tax returns.


What is the Cranberry Bog Credit?

The Division of Conservation Services website states: "Recognizing the economic challenges facing cranberry growers who do want to renovate their bogs to increase yield, reduce energy cost and improve water efficiency, all of which is better for the Massachusetts economy and environment, the legislature recently established a new tax credit program to offset 25% of the cost of renovating cranberry bogs in Massachusetts, up to a $100,000 credit."


Do I qualify for the 2022 Child Tax Credit?

LCTV's Tax Experts provide a foundation of the Child Tax Credit which helps families with qualifying children get a tax break. Visit the IRS website to view the most frequently asked questions regarding Child Tax Credit rules and see if you qualify.


Can I still receive Economic Impact Payments?

Our Tax Experts say that people who are missing a stimulus payment or got less than the full amount may still be eligible to claim a Recovery Rebate Credit on their federal tax return. More information is available at the IRS recovery website.


PAST ADVICE FROM LCTV'S TAX EXPERTS
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