Tax credits

There have been significant changes in the way in which the IRS is now dealing with R&D tax credits and viewing how they're documented.

The IRS is reminding taxpayers and tax practitioners of the changes to the credit from this year's big tax legislation.

Republicans already hit hospital finances in their massive tax and spending package this summer that included cuts to Medicaid.

Lengthy utility permitting times could imperil customers' tax credits if their systems aren't in place by Dec. 31.

Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance.

Republicans are divided on whether to extend premium tax credits, loathed by the GOP's right flank because of the costs and lingering opposition to former President Obama's legislative achievement.

The president's comments come as Senate Republicans prepare to hold a vote on extending the tax credits, which are slated to expire at the end of this year.

The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the processing of Employee Retention Credits.

The doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.

Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies.

Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.

The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.

Accountants who advise private equity clients will want to be aware of what these mean for private equity sponsors and their portfolio companies.

The giant automaker is taking a hit as the market for electric vehicles is reshaped by the Trump administration's removal of tax credits and other incentives.

Rev. Proc. 2025-32 from the Internal Revenue Service detailed a number of changes, including a rise in the standard deduction to $32,200 for married couples filing jointly.

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

The comment period has been extended to March 31, and the extra 45 days to perfect R&D claims is now available Jan. 10.

The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.

The imminent expiration of tax credits for electric vehicles is slowing sales and competition among charging station operators.

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.