Tax credits

The Trump administration issued new guidance on the use of foreign materials and components in U.S. clean energy projects.

The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.

The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit aside from 41,000 claims still under exam or appeal.

The U.S. Tax Court ruled that innovations in livestock production can qualify for the research and development tax credit, establishing new case law.

The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.

The California governor wants to restart offering tax rebates for electric vehicles that are purchased in the state.

Postmarks and donations; tuning up your comp system; please, Santa…; and other highlights from our favorite tax bloggers.

The carryovers range from some $2.4 million in California and some $1.9 million in Texas to $44,851 in Alaska and $39,297 in Vermont.

The rebellion comes after Johnson blocked swing-district Republicans from having a floor vote this week on their plan for the premium tax credits.

Speaker Mike Johnson will block a push by moderate House Republicans for a vote on renewing expiring Obamacare subsidies.

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.