News

Tax Credit Housing Project Costs Continue To Be “Ridiculous.”
If a Republican from Indiana won’t hit the pause button on this sort of outrageous spending, it’s difficult to see where the ...
The Tax Adviser2d
Treaty-based foreign tax credit and net investment income tax
Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...
Houston Public Media1d
Families with mixed immigration status would lose child tax credit under GOP tax and spending bill
The GOP tax and spending bill raises the child tax credit from $2,000 to $2,200, adjusts it annually for inflation, and ...
Student loans, gun silencers and a space shuttle: See surprises found in Senate tax bill
From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...
WENY News1d
Clean Energy Tax Credits Are on Chopping Block in Federal Budget
Most of the credits for home owners, non-energy business owners, and the electric vehicle industry—will be discontinued in ...
‘No tax on tips’ sounds great until you explore the history—as many will soon discover
Zohran Mamdani, a left-wing politician who would soon win a shocking victory over Cuomo in the Democratic primary, worked the ...
Big, Beautiful Bill may tax solar and wind projects, erase clean energy credits
The U.S. Senate's proposed Big, Beautiful Bill could have major impacts on clean energy initiatives in West Virginia.
Click2Houston5h
Houston’s clean energy ambitions threatened by new tax bill
The One Big Beautiful Bill Act, an extension of the 2017 Tax and Jobs Cuts Act, poses significant challenges to Houston's ...
Daily Nonpareil3d
More than 40 Iowa lawmakers urge for repeal of 45Q tax credits in budget reconciliation bill
A group of Republican lawmakers penned a letter to U.S. Sen. Joni Ernst asking her to remove a tax credit incentivizing carbon sequestration from the budget reconciliation bill.
‘All income groups would see a cut': Senate Republican tax bill would permanently extend TCJA tax cuts
The version of the ‘big beautiful’ spending bill that passed the Senate permanently extends Trump’s 2017 tax cuts.
Here’s what’s in the big Trump tax and immigration bill that the Senate passed
The Senate advanced Trump’s priorities, which Republicans have been calling the One Big Beautiful Bill. Here’s how it could ...
90.5 WESA21h
Green advocates: 'Megabill' will raise electricity costs, cut tax credits for solar, wind power
Advocates for renewable energy say the pain will be felt across Pennsylvania, and in both red and blue states alike.