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Lawmakers resistant to restoring low-income tax credits should spend a night in a homeless shelter
Oklahoma Voice via Yahoo News· 2 weeks agoIf there’s one thing I could tell federal lawmakers, it would be to bring back the expanded,...
House and Senate DFL to battle over progressive tax provisions
Minnesota Reformer via Yahoo News· 4 hours agoThe Minnesota House passed a tax bill on Friday that includes a slew of tax changes: large...
Electric vehicle tax credit update: See if you qualify
TheStreet via Yahoo Finance· 3 days agoMarkets are pricing in a 50 percent chance the Fed slashes rates by September. Watch More...Uber,...
50-unit affordable housing project in Muskegon gets $1.65M federal tax credit
MLive.com· 5 hours agoThe Amity Commons among the three Muskegon housing projects to receive Low-Income Housing Tax ...
Foreign Tax Credit Ruling Would Reduce US Expat Burden if Upheld
Bloomberg Law· 15 hours agoThe US Court of Federal Claims ruled in 2023 that the IRS wrongly denied taxpayers Matthew and Katherine Christensen from using the US-France income < ...
US updates EV tax credit rules, enabling more electric cars to be eligible
Electrek· 3 days agoThe U.S. Department of the Treasury and Internal Revenue Service (IRS) updated the EV tax credit...
Treasury Department and IRS Issue Final ... the Transferability of Tax Credits Under Section 6418 of...
JD Supra· 17 hours agoThe final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring < ...
IRS Releases Final Tax Credit Sale Regulations
The National Law Review· 6 days agoLate last week, the Internal Revenue Service (“IRS”) and Department of the Treasury released final regulations relating to transfers of certain tax < ...
Time running out to claim $1B in tax refunds: Are you eligible?
The Post-Standard· 9 hours agoIf you didn’t file a federal tax return for the 2020 tax year and you’re owed a refund, time is...
What’s Wrong With Biden’s Housing Tax Credit?
Ludwig von Mises Institute· 1 week agoIn his state of the union address, President Biden expressed his desire for a $400 a month tax credit over two years for first time home buyers. This is...