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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.
5h
on MSN
Warren questions Trump IRS nominee’s experience, promotion of tax credit
Sen. Elizabeth Warren (D-Mass.) voiced concerns about President-elect Trump’s nominee to lead the Internal Revenue Service ...
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
Nebraska lawmakers seek to revive winner-take-all, change Omaha elections and restore lost tax credit
The first days of Nebraska's legislative session brought a proposal to move to winner-take-all, an attempt to fill an alleged ...
2d
on MSN
Child Tax Credit for 2024: How Much You Get Compared to Previous Years
Child tax credits benefit parents and guardians when they file their yearly tax returns and typically provide a set amount per dependent child.
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 ...
3d
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 ...
TopSpeed
8d
The EVs That Are Still Eligible For The Tax Credit In 2025
Taking advantage of the EV tax credit is a way to save some serious money on your next purchase or lease. Here's every model ...
2d
on MSN
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind ...
1d
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 ...
6d
on MSN
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce ...
10h
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 ...
MLive
8h
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.
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