Congressional Republicans may soon release a budget resolution that will set the terms of the tax debate, and which is ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

Learn how the clean vehicle tax credit works in 2025, including who qualifies and what changes were made under the Inflation Reduction Act.

Although the above are tax deductions, you may also receive a tax credit for up to $3,200 for making qualified ...

Some news in the EV market: Hyundai Motor Group, which includes the Kia and Genesis brands, has models that now qualify for the $7,500 federal electric vehicle tax credit. In recent years ...

Trump takes office. By Neal E. Boudette Sales of electric vehicles have been rising steadily over the past few years, in part because of a federal tax credit of up to $7,500 that makes buying such ...

Languages: English. The Child Tax Credit has helped to reduce poverty and improve the quality of life for millions of children. According to research from the U.S. Census Bureau, it lifted 2.1 ...

The U.S. Department of the Treasury today issued preliminary guidance on the 45Z tax credit created by the 2022 Inflation Reduction Act, which aims to incentivize the production of clean ...

With a new child, your taxes will get more complicated. On the flip side, however, you may qualify for several new tax credits and deductions. The first order of business is to make sure your ...

The list of electric vehicles that qualify for the IRS clean vehicle tax credit has changed with the arrival of the new year. No longer linked to battery capacity, the credit of up to $7,500 is ...

Jan 9 (Reuters) - President Joe Biden's administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump's ...

For those applying for health insurance this year, premium tax credits offered through the ACA have given more Americans and small business owners coverage. However, these credits are set to ...