Tax credits

The IRS's strategy for examining claims for the Earned Income Tax Credit are falling short, according to a new report.

Planning should involve consideration of economic credits and incentives, which focus on future savings and future growth goals.

The Ways and Means Committee voted to approve 12 weeks of paid family leave and a mandate to enroll employees in retirement accounts.

Certain firms are aggressively marketing the research credit to taxpayers who don’t qualify in the first place.

America’s poorest families are using new child benefits in large measure to climb out of debt, much of it likely accumulated during the pandemic.

As a tax accountant, it is your job to help your clients track their payments online and receive the money as soon as possible.

The Internal Revenue Service added a new feature Friday to its online portal for the Child Tax Credit allowing parents to update the mailing address where they should receive the monthly payments.

Declines in income and boosts to government subsidies wiped away tax liabilities.

The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.

Padgett Business Services and NCCPAP have spotted areas where the Employee Retention Credit may be hurting small businesses.