The U.S. Department of the Treasury and IRS on Jan. 10, 2025, released initial guidance regarding the production tax credit (PTC) for clean ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The average earned income credit amount received last ... The IRS has a chart on its website to help you determine what range applies to your federal tax return. Earned income credit rules and ...

The federal EV tax credit is up to $7,500 for new eligible "clean vehicles" and up to $4,000 for used eligible EVs. The credit amount considers factors like the vehicle’s price, sourcing ...

“These are just a small sample of the many projects advancing because of the promise of IRA tax credits,” the letter said. “Repeal of credits such as the Section 45X credit for advanced ...

The Inflation Reduction Act of 2022 amended I.R.C. §45 and §48 to provide a domestic content bonus credit amount for certain qualified facilities or energy projects placed in service after Dec. 31, ...

EnerSys estimated incremental benefits of ~$3M to $4M per quarter from IRA Section 45X Tax Credits in December 2024, and consequently increased the non-GAAP EPS guidance for FQ3 and full-year ...

President-elect Donald Trump and congressional Republicans will likely cut federal tax credits for electric vehicles in 2025, experts said. Many Republican lawmakers and experts have criticized ...

These new products feature increased domestic content, allowing them to qualify for the $0.11/Wac Section 45X Advanced Manufacturing Tax Credit. Additionally, Enphase has started shipping its IQ ...

Pressed by Sen. Catherine Cortez Masto (D., Nev.), Bessent said he was unfamiliar with the so-called 45X tax credits for renewable energy components, batteries and critical minerals, but is ...

What is the child tax credit? The child tax credit offers an amount of tax relief to parents ... suggesting in only one section lowering taxes in general terms. "I'd love to see a child tax ...