Tax credits

The Internal Revenue Service has released more information on tax credits available for paid sick and family leave under the American Rescue Plan Act of 2021.

The Internal Revenue Service posted a set of answers Wednesday to frequently asked questions on the Earned Income Tax Credit.

The Employer-Provided Child Care Credit can save employers with eligible expenses more money in taxes than using a deduction alone, and it also helps employees, according to a new report.

The Internal Revenue Service updated its frequently asked questions page on the Premium Tax Credit for subsidizing health insurance coverage under the Affordable Care Act.

If you thought last tax season was challenging, brace yourself.

Tax professionals and their clients are dealing with extra challenges this tax season from tax breaks that ended last year and haven’t yet been extended, including the enhanced Child Tax Credit.

Here’s how to save clients money while staying off the IRS ‘Dirty Dozen’ list.

The Internal Revenue Service issued new guidance for taxpayers and tax practitioners submitting claims for refunds involving the research credit.

Democrats are risking the ire of voters inflamed by this year’s tax-filing season, as the stalling of President Biden’s economic package leaves them without promised benefits.

The administration is pointing to funds still available to recipients of the credits that have not yet been claimed, as it struggles to extend those tax breaks this year.