Tax credits

A 25% tax credit is the latest carrot being proposed on Capitol Hill to encourage semiconductor companies to bolster U.S. production.

The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July.

The legislation would overhaul the current menu of energy tax breaks, consolidating credits for renewable energy sources and offering incentives to any energy source that has no carbon emissions.

The rescue package makes it easier for those who have lost their jobs to keep their health insurance.

The EITC, the ACTC and the ACTC continue to be abused, even as they become more generous.

In the world of accounting, economic credits and incentives have been shrouded in mystery for some time.

The Employee Retention Tax Credit has been a welcome lifeline to many struggling businesses and those most significantly impacted by the economic uncertainty around the COVID-19 pandemic.

The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things.

The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.

The sweeping $1.8 trillion plan would be funded in part by the largest tax increases on wealthy Americans in decades.