Tax credits

The 10-year plan would ramp up federal support for American families, with a major expansion in spending on child care, paid leave and education.

Democrats introduced a bill Tuesday to provide tax credits for child care, along with universal paid family and medical leave and permanent extensions of child and family tax credits.

The Internal Revenue Service is increasing the inflation-adjusted amounts of the Child Tax Credit and Earned Income Tax Credit for this year in accordance with the latest coronavirus relief package.

Two members of the Senate Finance Committee released a discussion draft of a bipartisan energy tax credit bill Monday that could represent a path forward for Republicans and Democrats.

The Internal Revenue Service is holding up millions of tax refunds for manual processing and its systems were unable to process many of the quarterly payments that needed to be sent by April 15.

The PPP gets most of the headlines, but the ERC helps businesses garner substantial tax savings. Can employers qualify for both programs?

Biden's infrastructure plan calls for an expansion of tax credits for low-income housing, energy-efficient buildings and renewable energy, and that could boost the finance industry's options.

Sen. Ron Wyden proposes ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources.

President Joe Biden called on employers to use a tax credit to provide paid time off to workers to get vaccinated and for businesses to do more to boost the inoculation effort as the U.S. seeks to get shots in more arms.

President Joe Biden told a group of lawmakers that a permanent expansion could be difficult to pass the Senate.