Tax credits

Radio ads from pop-up "shops" and "mills" are looking to profit from the opportunity and confusion surrounding the Employee Retention Credit, but could cost clients.

The Biden administration is privately warning about Republican efforts to cut the Internal Revenue Service's budget.

There's a catch buried in the law: Projects that don't meet certain new wage and labor requirements only get a fraction of the credit.

The board voted to approve an update that would enable more companies to opt for a proportional amortization accounting method for their tax credit investments.

The changes in the U.S. drop the price of Model 3 sedans and certain Model Y SUVs below the caps they needed to come under to qualify for as much as $7,500 electric vehicle tax credits.

Engineered Tax Services has acquired grant education and training firm J.E. Salazar & Associates as well as R&D credit advisory firm Tax Credit Advisors.

You don't have to look hard for examples of where the IRS is enforcing the law more effectively.

Buying certain electric cars in the U.S. just got cheaper, thanks to new tax credits meant to phase out gasoline-guzzlers.

The U.S. government has angered Tesla's Elon Musk and handed welcome news to other automakers like Hyundai with guidance on which electric vehicles will qualify for tax credits in the coming months.

New notices and a new FAQ clarify some of the provisions of the Inflation Reduction Act for qualifying for the Clean Vehicle Credit.

A new FAQ from the IRS on the Clean Vehicle Credit suggests some flexibility on rules requiring the cars to be made in North America.

The list of potential roadblocks is relatively short — and just got shorter.

The Inflation Reduction Act introduced new requirements to receive larger credit amounts for many of the extended and new clean energy credit and deduction provisions.

The Inflation Reduction Act heavily modified the Section 179D Energy Efficient Commercial Building Deduction and the Section 45L Energy Efficient Home Credit.

The service released a set of FAQs about recent changes to tax incentives for energy efficient home improvements and residential clean energy property.

Chances are dimming that Congress will take up a multibillion-dollar package to renew a cluster of business tax breaks and provide a more generous child tax credit before lawmakers leave Washington for the year.

Senator Joe Manchin is pressing Treasury Secretary Janet Yellen to stand firm on North American-based manufacturing requirements for lucrative electric-vehicle tax credits.

A new revenue procedure explains the processes that manufacturers and sellers need to follow to be eligible for tax credits.

On taxes, the fate of research and development and private equity tax breaks remain mired in a dispute over expanding the child tax credit.

Officials discussed IRA provisions including tax credits for both commercial and electric vehicles, critical raw materials and the supply chain.