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Income tax credits directly reduce a taxpayer's liability, potentially to zero, and some can even result in a refund. Key credits include the Saver's Credit for retirement contributions ...

But taxpayers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit will need to wait a bit longer. “By law, we can’t issue EITC or ACTC refunds before mid-February ...

Gavin Newsom’s plan to expand the state’s Film and Television Tax Credit Program. The bills, sponsored by state Sen. Ben Allen and Assembly members Rick Chavez Zbur and Isaac Bryan ...

“The combination of federal and state tax credits has continued to benefit vulnerable families in our islands,” said Deborah Zysman, executive director of Hawai‘i Children’s Action Networ ...

A new study from the REPEAT Project led by Princeton University’s ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.

If you've been considering buying an EV and want a good deal thanks to government tax credits, you have some added homework to. That's because a big tax break that could save you money faces an ...

Republican Alabama Sen. Katie Britt is pushing Republicans to strengthen child care benefits in the party’s tax legislation expected later this year. The proposal Britt introduced is […] ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit ...

WASHINGTON, March 10 (Reuters) - A group of Republican lawmakers urged the House committee drafting President Donald Trump's proposed tax cuts in the upcoming budget reconciliation bill to ...

Self-employed workers, including independent contractors, gig workers, freelancers, and sole proprietors, may be eligible to recover up to $32,220 in tax credits for the 2021 tax year. Washington ...

In Canada, the end of the calendar year is often referred to as “charitable giving season,” as taxpayers tend to focus on their giving plans at that time and — provided eligible donations are made by ...