Tax credits

The Treasury Inspector General for Tax Administration released a report on the results of this past filing season.

A new TIGTA report finds the agency isn’t making sure companies are eligible to claim the R&D credit or are claiming the correct amount.

The company sold more than 200,000 eligible cars, so the taxpayer credit will start shrinking.

Senate Finance Committee Chairman Orrin Hatch questioned President Donald Trump’s call to end a tax break for electric cars made by General Motors Co. and others following the company’s announcement that it would lay off workers and close plants.

A legislative repeal of the credit could actually end up giving GM a better competitive position.

The Tax Foundation sees the proposal as having 'very small economic impact.'

Hail Nexus Monday; startups using tax losses; advantages in the season’s choices; and other highlights from our favorite tax bloggers.

The IRS issues guidance for calculating and claiming the credits.

The move will permit a workaround for businesses to the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.

Lawmakers approved the measure this spring as a way to get around limits in the new federal tax law on state and local tax deductions.

The Internal Revenue Service and the Treasury Department published a notice Tuesday saying they intend to issue proposed regulations clarifying who is a qualifying relative for the new $500 credit for dependents and head of household filing status for years in which the exemption amount is zero for tax years 2018 through 2025.

PNC Financial Services Group Inc. received subpoenas from federal prosecutors in Florida over practices related to its purchases of low-income housing tax credits, according to two people familiar with the matter.

Wells Fargo & Co. investors who were learning to live with an unprecedented penalty the Federal Reserve imposed for bad behavior will have their patience tested again as details emerge on another scandal.

Fundrise LLC helped pioneer a model of raising small amounts of money online for real estate projects around the U.S. Now it’s starting a fund to buy properties in low-income areas of the country eligible for generous tax breaks.

Motion picture and TV production tax incentives should be incorporated in the tax planning process to lower the cost of production.

The clock is ticking for Tesla Inc. customers looking for incentives on their purchase.

Businesses creating a brand-new product may be aware of the Research & Development tax credit, but they may be unaware that improvements made to an existing product may qualify as well.

The Internal Revenue Service is extending incentives for solar power and other clean energy sources by as long as four years.

Though all business owners face a variety of barriers when starting and running their companies, restaurant owners must manage a unique set of payroll and HR circumstances.

A Tennessee law enacted last month that specifically cuts taxes for publicly traded investment firms will benefit AllianceBernstein Holding LP in its move to Nashville from New York City.