Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons
Taxpayers could fall into plenty of potholes if someone takes a wrong turn when claiming an attractive tax credit for buying ...
Family caregivers spend $7,200 a year. This proposed federal tax credit could help
The Credit for Caring Act, if passed, would provide up to a $5,000 federal tax credit for eligible working family caregivers.
Tax Write-Off vs. Tax Deduction vs. Tax Credit: What’s the Difference?
Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can lower your taxable income, reduce ...
A child tax credit is once again being discussed in Connecticut. Here's what it would do
If either of the proposed child tax credit bill makes it out of committee and becomes law, advocates said the investment will ...
Best tax credits for small business owners filing this year
Thankfully for small business owners, there are a handful of really good tax credits that you can take advantage of for the ...
The Morning Journal5h
Vermilion City Council discusses income tax credit ordinance
Vermilion City Council recently discussed restoring a tax credit for citizens working outside the city. The proposed ...
The Atlanta Journal-Constitution8h
Georgia film tax credit could be revived in an unlikely place — Hurricane Helene relief bill
A bill intended to grant relief for Hurricane Helene timber losses could morph into a $60 million-a-year tax credit for the Georgia film industry ...
News On 64h
Oklahoma lawmakers propose adjustments to Parent Choice Tax Credit
State lawmakers are working to refine the Parent Choice Tax Credit program, passed in 2023, after concerns arose that the ...