Tax credits

The Work Opportunity Tax Credit can help offset labor shortage issues.

In a twist that most asset managers could only dream of, investment funds are reaping profits through the Internal Revenue Service.

Elon Musk is getting more firepower for his electric-vehicle price war thanks to tax credits in the president's signature climate legislation.

The company has leveraged newly expanded tax credits to secure institutional financing for 49 community solar and battery storage projects in rural areas across six states.

Exploring a free filing system, encouraging taxpayers to take advantage of the EITC and issuing refunds for overpayments on unemployment are among the latest IRS policy stories.

The service is warning businesses to beware of schemes promoting abuse of the Employee Retention Credit.

Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say will ensure the fuel lives up to its climate-fighting potential.

The Inflation Reduction Act encourages automakers to manufacture electric cars in the U.S.

Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.

The Inflation Reduction Act made major changes to the tax breaks available for clean energy activities.