Tax credits

Hundreds of billions of dollars in clean energy tax subsidies would be repealed by legislation to lift the debt ceiling introduced by the Speaker of the House.

House members introduced legislation to enable actors, musicians and other types of performers to write off their work-related expenses.

The amortization requirement for R&D expenses under the Tax Cuts and Jobs Act recently took effect, but that doesn't end questions about it.

The lack of oversight makes the Employee Retention Credit landscape ripe for fraud.

The requirements to qualify include final assembly in North America and sourcing some critical minerals and battery components here.

The German carmaker plans to sell 25 models of electric vehicles in America by 2030.

The service described some of the rules it plans to include in upcoming proposed regs for what qualifies as an "energy community."

Automakers have been waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits. The Treasury's response: Keep waiting.

Billions of dollars available — through subsidies and tax credits — to promote the production and purchase of electric vehicles.

Proposed guidance aims to reduce U.S. reliance on China for batteries and minerals.

The Biden administration's requirements for electric vehicle tax credits will reduce the number of models eligible for incentives until tens of billions of new investment in U.S. manufacturing by automakers and suppliers kick in.

Accounting firms are looking for ways to keep in touch with clients often and to advise them as much as they can, and payroll is a high-touch service that can accomplish this.

Long-awaited proposed guidance gives details on the new tax credits for electric vehicles under the Inflation Reduction Act.

The West Virginia senator ramped up criticism over an upcoming interpretation of content rules for electric vehicle tax credits, which he suspects will be too broad and generous to foreign suppliers.

The board released an update to improve how companies disclose investments in tax credit structures by letting them use proportional amortization.

The U.S. agreed to boost cooperation with Japan on critical mineral supply chains and to expand access to tax breaks.

The auto world will know by Friday where the Biden administration stands on some of the toughest policy questions surrounding the U.S. transition to electric vehicles.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.

The proposed regs cover the advanced manufacturing credit in the CHIPS Act of 2022 to spur development of the U.S. semiconductor industry.

The administration is preparing to decide how much American-made equipment must be used in renewable projects.