During the final days of the Biden Administration, officials released partial guidance on the 45Z sustainable aviation fuel ...

On 3 January 2025, the Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations (Final ...

On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...

In a notably bipartisan move, the top Republican and Democrat on the House Ways & Means Subcommittee on Tax have introduced a ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

Hundreds of thousands of Victorian households with rooftop solar will miss out on electricity bill credits after a proposed slashing of a solar energy rebate. Picture: Getty Images “Such is the ...

The new GST Bill of Supply requires the GSTIN of the importer for levying IGST, GST Compensation Cess and tracking input tax credit. Hence, all importers would be required to obtain GST registration ...

With a new child, your taxes will get more complicated. On the flip side, however, you may qualify for several new tax credits and deductions. The first order of business is to make sure your ...

Incoming President Donald Trump threw his support on Sunday behind having one sweeping border, energy and tax bill. “Members of Congress are getting to work on one powerful Bill that will bring ...

The US government relaxed some of the strictest criteria for hydrogen producers seeking billions of dollars in tax credits, giving Australian green fuel hopefuls a reprieve after a torrid 2024 ...

Additionally, Republicans are eyeing an even bigger increase to the original child tax credit from the TCJA while Biden-era tax provisions like the electric-vehicle credit are on the chopping block.

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...