As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying ...

The Tuition and Fees Deduction was phased out, but two main credits are currently available: the American Opportunity Credit ...

Around 48 million people are beneficiaries of the Child Tax Credit to help with the support of their children, as they are ...

A pair of lawmakers Friday introduced legislation to extend a tax credit for advanced biofuels, citing the Biden ...

N.C., will be one of the congressmen tasked with rewriting the tax code. He joins “The Hill” to discuss a report that Trump’s ...

It is difficult to know how many of affordable units might raise rents when their LIHTC compliance period is over.

The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in ...

Tax practitioners weigh in on what the newly elected president wants to do tax-wise, and what he'll actually be able to do ...

The U.S. Department of the Treasury and IRS on Oct. 28, 2024, published final regulations regarding the Section 45X Advanced Manufacturing ...

This credit is also partially refundable and this ... A pass-through business is one that pays taxes according to the individual income tax code rather than through the corporate tax code.

One of the most consequential tasks facing the new president and Congress will be the potential to remake the tax code in ...

In your Breakdown, we are keeping up with the special session in Baton Rouge as lawmakers try to rewrite major parts of ...