At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.

Two new private school choice bills emerged Wednesday — one from the House and one from the Senate. The House bill would create a $50 million tax credit covering private school expenses. The Senate ...

The IRS is distributing $2.4 billion worth of stimulus checks to taxpayers who didn't claim the Recovery Rebate Credit on their 2021 tax returns.

What the updates to the Gift Tax Annual Exclusion, Unified Credit Amount and GST Tax Exemption may mean for clients.

President Trump is clear about his opposition to “unfair” EV incentives. Tesla and General Motors stand to bear the brunt if the federal EV tax credit is eliminated.

President Trump wants a massive tax cut and immigration crackdown bill. Now Republicans must decide what to cut to help pay ...

Maryland does not tax Social Security benefits, representing a major benefit for seniors in the state. For those who itemize ...

During and after the pandemic, the ERC and other tax credits were big business for tax professionals. But the IRS denied bogus claims, and some cases are criminal.

The AARP Foundation Tax-Aide program and Fremont County Extension Office will be sponsoring free individual income tax preparation during February and March. The service is available for any age ...

The state edged out California in the third quarter of 2024 to take the nation’s top spot for market share of new electric vehicles.

Transferable tax credits offer a flexible, market-driven solution that complements traditional financing options.

Indictment unsealed for the largest Employee Retention Credit fraud in the U.S., charging seven individuals with exploiting pandemic aid.