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Biden administration to release short-term guidance on clean fuel tax credit, sources say
President Joe Biden's administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump's incoming administration, according to two sources familiar with the plan.
Biden administration finalizes clean electricity tax credits before Trump returns
The Treasury Department and the Internal Revenue Service released final rules for the clean electricity investment and production tax credits, less than two weeks before Trump is inaugurated.
Biden boosted investment in the electric grid. What will Trump do?
Meeting electricity demand for big tech data centers could give Trump reason to get behind major wires projects.
Biden team wraps up expanded clean energy credit guidance
The Biden administration on Tuesday released guidance to help companies secure clean energy tax credits under the 2022 Inflation Reduction Act, finalizing a program to extend subsidies long available for wind and solar to other low carbon sources.
8h
Winners and losers as the EV tax credit rules change for 2025
Genesis' GV70 Electrified now qualifies for the full EV tax credit, as do Hyundai's Ioniq 5 and Ioniq 9, and the Kia EV6 and ...
2d
on MSN
A new tax credit for hydrogen helps out nuclear energy
The Biden administration finalized rules meant to boost domestic production of hydrogen fuel through a new tax credit, a move ...
3h
EITC Payment: What is the maximum you will receive for the Earned Income Tax Credit in 2025?
Low- or moderate-income families in the United States have a variety of support programs to improve their finances and cope ...
2d
N.Y. Families Could Receive Tax Credit of Up to $1,000 Under Hochul Plan
Gov. Kathy Hochul has now released two early proposals from her State of the State message that aim to address concerns over ...
2h
on MSN
UBS Nears Settlement Over Credit Suisse Tax Evasion, Report Says
Credit Suisse Closed, But Didn't Report, Some Accounts. The Justice Department has reportedly questioned the bank over ...
CNET on MSN
1h
Want to Jump-Start Your Taxes? Find the Docs You Need to File Your Tax Return
It's always good to file your taxes early. Here's what you need to get started for when the IRS starts accepting tax returns.
MLive
31m
Free tax filing services available to millions through IRS partnership starts Friday
The free tax filing service is available to those with an Adjusted Gross Income (AGI) of $84,000 or less in 2024.
23h
on MSN
Up to $1,000 per child: NY plans to expand child tax credit
Thousands of families with children in New York could get more money in their pockets thanks to a new proposal. Gov. Kathy ...
5h
on MSN
UBS Close to Large Settlement Over Credit Suisse Tax Case
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that ...
3h
Ex-Credit Suisse Client Charged by US Amid Tax Evasion Probe
A former Credit Suisse Group AG client was charged with a tax-evasion conspiracy in the US as officials weigh whether the ...
5h
UBS nears settlement over Credit Suisse tax evasion case, WSJ reports
UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement ...
1d
on MSN
No, Parents Didn't Spend Child Tax Credit Money On Drugs, Study Finds
The child payments were discontinued amid concerns from some lawmakers, especially then-Sen. Joe Manchin, that parents spent ...
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