The Low-Income Housing Tax Credit (LIHTC) provides a financial incentive for developers to build, buy, and renovate rental ...

The maximum credit is calculated as 35% of allowable expenses, up to $3,000 for a single child and $6,000 for two or more ...

A federal EV tax credit worth up to $7,500 ends Sept. 30. But the IRS has just clarified that shoppers don't need to actually ...

The federal $7,500 EV tax credit is extended through 2025, but restrictions affect who qualifies and how it applies, making ...

The credit, which has been central to federal policy encouraging the shift to cleaner vehicles, is being phased out under the One Big Beautiful Bill Act.

With his tax and spending package, President Donald Trump passed a permanent change to the child tax credit spearheaded by congressional Republicans. It goes into effect for families filing income ...

The adoption tax credit can go a long way to reducing the costs of adopting a child. And now up to $5,000 of this tax credit ...

The looming expiration of an ACA subsidy could drive up Iowans' health insurance rates. Republicans could face consequences ...

Discover legal tax avoidance strategies versus illegal tax evasion methods. Learn how to reduce taxes legally and the ...