A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first ...

Highlights  California is revamping their Film and Television Tax Credit Program to better compete with other domestic and ...

Donald Trump signed his 'big beautiful' tax and spending bill into law July 4. Here are the five biggest winners and losers: ...

Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...

By making the 2017 Tax Cuts and Jobs Act — a landmark accomplishment of Trump’s first term — permanent, the annual tax credit families can claim per child would increase from $2,000 to ...

If the tax credit were in effect in 2021, for instance, Elon Musk could have received tax-credit reimbursement worth $2.9 billion, or roughly 60 percent of the annual nationwide offering ...

House plan calls for annual fees of $250 for EVs, $100 for hybrids, while ending $7,500 EV tax credit. Story by Victor Reklaitis • 3w. H ouse Republicans’ plans for their party’s “big, ...

Of the over 1,000 pages within the bill that USA Today posted, there is a provision to accelerate the expiration of the Federal EV Tax Credit from December 21, 2032 to December 31, 2025, killing ...

U.S. Senate Republicans on Monday proposed a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales 180 days after the measure is signed into law and immediately end ...

The House Ways and Means Committee voted 10-2 against advancing the bill, which sought to terminate the film tax credit on July 1, 2025, and reduce the individual income tax rate from 3% to 2.75%. The ...