Tax credits

A group of Republican lawmakers has sent a letter to Internal Revenue Service commissioner Chuck Rettig warning about misuse of the electric vehicle tax credit.

Avoid some of the problems that can come up during an audit by using the wrong words.

Tax pros share what they and their clients think about the proposed tax on the rich.

The two appropriations bills extend government funding while also dealing with several of the tax extender provisions and repealing some Obamacare taxes.

The legislation extends a number of credits, and kills some Affordable Care Act taxes.

The agency is once again reaching out to practitioners who originated problematic returns.

The expansion of a tax credit for electric vehicles isn’t likely to appear in a broad deal being negotiated by House and Senate leaders, and backers of the popular tax break say President Donald Trump is to blame.

U.S. lawmakers led by Senate Finance Committee Chairman Charles Grassley are negotiating a potential revival of expired tax breaks in last-minute negotiations over a government spending bill.

The Internal Revenue Service and the Treasury Department released their final regulations on two major international tax provisions, the Foreign Tax Credit and the Base Erosion and Anti-abuse Tax (BEAT), which was included as part of the Tax Cuts and Jobs Act.

The GREEN Act aims to deal with climate change by offering a range of tax incentives for use of renewable energy.