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Proponents of affordable housing are hearted by provisions related to the Low-Income Housing Tax Credit, saying they could result in financing over 20,000 homes.
January 18 -
Businesses eager for a tax deal announced by two powerful U.S. lawmakers can't yet bank on the corporate breaks.
January 16 -
The chairs of Congress' two main tax committees announced a deal to extend a number of expired tax credits and tax breaks, including the expanded Child Tax Credit.
January 16 -
Lawmakers are trying to drum up support to allow a debate on raising the state and local tax deduction cap as bipartisan tax package negotiations leave out those proposals.
January 12 -
Negotiators are nearing a bipartisan deal in time for many voters to receive the benefits during the current election year.
January 11 -
Businesses eager to see Congress revive expired research and investment tax breaks have reason for optimism that a deal could come together as soon as this month.
January 5 -
Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.
October 2 -
Republicans — who are expected to control the House as of January — want tax breaks for private equity, manufacturers and businesses. For their part, Democrats want to expand the child tax credit.
November 15 -
Tax experts are hypothesizing what will happen in Congress during the lame-duck session and over the next two years.
November 11 -
Advocates are pushing to restore the $20,000 threshold for reporting transactions from payment cards and third-party networks after it was lowered to just $600.
September 15