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The legislation is still tied up in the Senate, as senators seek changes in some of the provisions, such as the expanded Child Tax Credit.
February 12
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The Internal Revenue Service revised its frequently asked questions page on the Premium Tax Credit used for buying health insurance through the ACA marketplaces.
February 9
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The Internal Revenue Service has posted a new page on IRS.gov explaining the Employer-Provided Childcare Tax Credit to provide more information about the tax break.
February 7
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The tax credits now helping underwrite many electric vehicle purchases are top targets if Republicans win the White House or strengthen their grip on Capitol Hill in November.
February 7
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The Senate may not get to the Tax Relief for American Families and Workers Act soon enough to impact returns.
February 6
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The House Freedom Caucus suggested Congress pay for emergency aid to Israel by repealing the IRS expansion, among other possibilities.
February 5
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The measure now heads to the Senate where lackluster Republican support threatens to sink it.
February 1
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The House passed tax extenders legislation that revives the enhanced Child Tax Credit, the ability to fully deduct R&D expenses in the first year, 100% bonus depreciation, disaster tax relief, and more.
January 31
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Speaker Mike Johnson will allow a vote on a $78 billion business and child tax break bill, siding with corporations over a group of Republicans who objected to the package negotiated with Senate Democrats.
January 31
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As the Internal Revenue Service and tax professionals prepare for the start of tax season, last-minute tax law changes are possible thanks to a deal working its way through Congress.
January 26
