Tax credits

The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.

Many of the temporary tax provisions are expected to be included in President Biden’s next piece of tax legislation later in 2021.

Democrats will likely prove successful in raising individual income tax rates and in strengthening audits of wealthy Americans as they work on overhauling the U.S. Tax Code in coming months.

The Investment Tax Credit and the Production Tax Credit can provide value in the corporate climate under President Biden.

The new venture enables CPA firms to help small-business owners secure employer-based tax help.

Members of Congress are proposing bipartisan legislation to extend the deadline for Paycheck Protection Program loans another two months as accountants press for more time on the expiring program.

The legislation includes a massive, one-year expansion to the child tax credit program aimed at curbing child poverty, a change Democrats are already seeking to make permanent.

Mark Luscombe offers an in-depth look at the many tax angles of the American Rescue Plan.

Confusion around the program and other stimulus measures may be preventing small businesses from getting the help they need.

Senate Democrats passed the latest version of the $1.9 trillion stimulus bill after a more than 24-hour voting session that included the longest single vote in the chamber’s history.