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Everything you need to know about which tax credits Congress just voted to eliminate, when they expire and who qualifies.
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.
Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit, ...
The One Big Beautiful Bill extends tax cuts from Trump’s first term, implements new campaign proposals — including no taxes ...
A bill intended to challenge and end the ability of other states to tax income earned by Connecticut residents on days they work entirely from home is among those awaiting Gov. Ned Lamont’s signature.
Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...
The recent passage of H.R. 1 in the House, leaving the credit union federal income tax exemption untouched, is more than a legislative victory—it’s a testament to the enduring value of credit ...
Congress should reform the Earned Income Tax Credit and Child Tax Credit to be more pro-work and pro-family, eliminating marriage penalties and providing more support to low- and middle-income fami… ...
Those 2017 tax changes, on average, benefited all income groups, but were skewed toward higher earners. New tax policies in the current bill would shift those benefits up the income scale even more.
A tax credit viewed as crucial to saving Downtown was renewed, and a new incentive to lure companies to the Big Apple from out of state established for the first time, in a down-to-the wire vote ...
Electric vehicle maker VinFast and high-speed rail company DesertXPress Enterprises LLC are two of 24 companies that failed to meet hiring and investment commitments needed to claim income tax credit ...