Biden Administration

The narrow requirements for qualifying for the electric vehicle tax credits are causing some consternation in the auto industry.

The country remains among the top candidates to host a new Tesla factory.

The Treasury Department, based on fresh tax revenue data, is set to release an updated estimate of the "X date" when the U.S. can no longer meet its obligations.

House GOP leaders also called for the Justice Department to investigate allegations by an IRS whistleblower involving Hunter Biden.

Hundreds of billions of dollars in clean energy tax subsidies would be repealed by legislation to lift the debt ceiling introduced by the Speaker of the House.

President Joe Biden and First Lady Jill Biden paid $169,820 in federal and state income tax on a combined $579,514 in adjusted gross income, according to their annual tax returns.

The service described some of the rules it plans to include in upcoming proposed regs for what qualifies as an "energy community."

Automakers have been waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits. The Treasury's response: Keep waiting.

Billions of dollars available — through subsidies and tax credits — to promote the production and purchase of electric vehicles.

Proposed guidance aims to reduce U.S. reliance on China for batteries and minerals.

The Biden administration's requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in U.S. manufacturing by automakers and suppliers kick in.

Long-awaited proposed guidance gives details on the new tax credits for electric vehicles under the Inflation Reduction Act.

The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

The U.S. agreed to boost cooperation with Japan on critical mineral supply chains and to expand access to tax breaks.

The auto world will know by Friday where the Biden administration stands on some of the toughest policy questions surrounding the U.S. transition to electric vehicles.

The proposed regs cover the advanced manufacturing credit in the CHIPS Act of 2022 to spur development of the U.S. semiconductor industry.

The administration is preparing to decide how much American-made equipment must be used in renewable projects.

Almost half of North America's biggest institutional and wholesale investors worry they'll face legal consequences if they consider environmental and social factors, as the political backlash against ESG broadens.

The new Internal Revenue Service commissioner, Danny Werfel, got right to work Monday only days after being confirmed by the Senate.

The Treasury Secretary defended the extra investment in the IRS, arguing it is already paying off and that taxpayers are getting "drastically improved customer service this year."