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Illinois residents can claim a bigger state tax credit next year under the new budget
Chicago Sun-Times· 10 hours agoA tax credit used by millions of Illinois residents that lawmakers quietly pared back last year is...
Illinois will soon have a new child tax credit program. Here's how much you could get
NBC Chicago· 5 days agoIllinois' new budget, which is now headed to the governor's desk waiting to be signed, includes a...
New Colorado tax credit could lift 50,000 children out of poverty, is latest to tap TABOR surplus
Greeley Tribune· 1 day agoBoasting that child poverty in Colorado would soon be cut nearly in half, Gov. Jared Polis on Friday...
Hyundai IONIQ 5 to gain $7,500 tax credit with U.S. production at new Georgia plant
CBT News· 6 hours agoThe IONIQ 5 will be the first EV produced at Hyundai’s new $7.6 billion EV and battery plant in...
Not-For-Profits Gain Access to Historic Tax Credits with Enactment of Missouri HB 2062 | JD Supra
JD Supra· 14 hours agoOn May 16, Missouri passed HB 2062 modifying the state’s existing Historic Tax Credit (HTC) program. The program will now feature a year-round application ...
Proposed Treasury Regulations Provide Guidance on New Clean Electricity Production and Investment ...
JD Supra· 14 hours agoThe Department of Treasury and the Internal Revenue Service released newly proposed regulations regarding the clean electricity production and investment tax credits ...
JD Supra: IRS Issues Final Regulations on Tax Credit Transfers
JD Supra· 24 hours agoTreasury and the IRS confirmed that, if a partnership has not elected direct pay for credits pursuant to Sections 45V, 45Q, or 45X, it may qualify as an eligible taxpayer for purposes of a & ...
Pennsylvania gas producer CNX wants in on the hydrogen revolution
Pennsylvania Capital-Star via Yahoo News· 3 days agoA tax credit has the potential to jumpstart a new energy sector that climate advocates hope can be...
How the Legal Aid Society helps low-income taxpayers
Gannett via AOL· 11 hours ago“It’s the Earned Income Tax Credit (EITC),” which is embedded in the federal income tax code and cannot be cut by Congress like other anti-poverty...
Quebec VFX, animation studios say province's tax credit cuts will hurt industry
CBC via Yahoo News· 5 days agoVisual effects and animation studios are sounding the alarm over impending tax credit cuts by the...