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The service had to scramble to reconcile the advance payments of the Child Tax Credit it distributed in 2021 with the amounts later reported by recipients.
June 15 -
The IRS has put out proposals on new regs around rules from the two pieces of legislation.
June 14 -
Congress' move to shift $21.4 billion in funding away from the service as a condition for increasing the debt limit isn't deterring the tax agency from its plans.
June 8 -
Panasonic and LG are likely to benefit the most from tax credits under the Inflation Reduction Act.
June 8 -
A wave of new legislative proposals touch on a number of tax-related issues.
June 7 -
The change brings the total number of EV models eligible for the full tax credits to 22.
June 7 -
The Work Opportunity Tax Credit can help offset labor shortage issues.
June 6Arvo Tech -
In a twist that most asset managers could only dream of, investment funds are reaping profits through the Internal Revenue Service.
June 5 -
Elon Musk is getting more firepower for his electric-vehicle price war thanks to tax credits in the president's signature climate legislation.
June 2 -
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.
June 1