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The Internal Revenue Service is accepting applications for the Low-Income Communities Bonus Credit Program through June 27.
May 28 -
The Internal Revenue Service cautioned consumers to beware of inaccurate advice which prompted thousands of taxpayers to file overblown claims and held up their refunds.
May 14 -
The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.
May 9 -
Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.
May 3 -
The Biden administration gave carmakers a partial reprieve in finalizing electric-vehicle tax credit rules intended to loosen China's grip on battery materials crucial to the car industry's future.
May 3 -
The Treasury released guidance on the tax credit available for producers of sustainable aviation fuel, a measure established as part of Biden's landmark climate law.
May 1 -
The Treasury will unveil the final version of new rules limiting a popular tax credit for electric car buyers as soon as Friday.
May 1 -
Notice 2024-36 announces the second round of credit allocations for a program to allocate the remaining $6 billion in credits.
April 29 -
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
April 25 -
A battery-material maker, an electric vehicle charger manufacturer and a rare earth producer were among about 35 recipients of energy tax credits.
April 19