Tax credits

One sector that the bill is particularly positive for is real estate, experts say.

The most critical deadline Congress is facing is enactment of additional government borrowing authority before the current authorization limit is reached.

Significant changes are in store for President Donald Trump's signature $3.9 trillion tax-cut bill.

When a company considers adding new jobs or making new investments, many state and local authorities offer tax incentives to support that growth.

The dapper, voluble congressman from Harlem used his perch on the House tax-writing committee to advocate for inner cities and the people who live there.

The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions.

The bill would end clean electricity tax credits for sources like wind and solar starting in 2029 and require projects to begin construction within 60 days.

Lack of awareness, fear of mistakes and penalties, and the cost of filing are preventing many families from claiming millions of dollars in tax credits.

The Senate Finance Committee questioned Trump's nominee about his plans for the beleaguered agency and promotion of dubious tax credits.

The vote in the House Budget Committee paves the way for passage of the legislation as soon as Thursday,