Tax

A top renewable power trade group endorsed rigorous requirements for a new hydrogen tax credit that would rule out the use of electricity from older wind, solar and nuclear facilities.

Plus, Deloitte launches a cloud-focused security and compliance service; and other accounting technology news.

The service had to scramble to reconcile the advance payments of the Child Tax Credit it distributed in 2021 with the amounts later reported by recipients.

A wrong turn; from the people; busy lady; and other highlights of recent tax cases.

Provisions from the IRA aim to spur investment in places that have experienced declines in fossil energy production, especially hard-hit coal-mining towns.

House conservatives proposed raising the retirement age to collect Social Security, handing Democrats damaging political ammunition ahead of the 2024 election.

The IRS has put out proposals on new regs around rules from the two pieces of legislation.

As bonus depreciation leverages down, cost segregation professionals have to wonder what happens if bonus phases out.

Tax pros have very mixed feelings about the potential impact of artificial intelligence.

Republicans on the Ways and Means Committee advanced a series of bills aimed at reducing taxes but also rolling back parts of the IRA.