Tax credits

The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.

President Trump's 'big beautiful bill' continues to move through the House and Senate.

A pair of bills would coordinate Pell Grants with the AOTC, and provide a tax deduction for overtime pay.

Accountants can transform renewable energy incentives from the Inflation Reduction Act into a strategic financial opportunity for their clients.

In two recent cases, the court looked to local law for the first time in research funding analysis.

A bipartisan group of over 100 lawmakers reintroduced legislation in the House to expand and strengthen the Low Income Housing Tax Credit.

The rebate, which would be geared toward boosting U.S. manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs.

The requirements for the Clean Vehicle Credit seemed a little complicated when they were introduced, and they are proving to be a little difficult in practice.

Not all job creation incentive programs are created equal. Here are examples of programs from states across the United States.

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to take effect this tax year.

While Congress and the Trump administration seem to want major tax legislation this year, it looks like it is going to be a very difficult process.

Both houses of Congress have passed budget resolutions — but they have passed very different budget resolutions.

The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.

Major changes are afoot for companies that want to claim the research tax credit.

Automakers are lobbying against lawmakers immediately ending popular electric-vehicle tax credits that President Trump has railed against.

A $400 billion green bank for clean energy projects and a consumer tax credit for electric vehicles are being reviewed under a government-wide spending freeze.

The charges include filing for over $600 million in false Employee Retention Credits and other funds.

The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit.

The tax incentive that took effect on Jan. 1 is part of President Joe Biden's signature climate law, the Inflation Reduction Act.