Legislation August 20, 2026
Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments
U.S. Sen. Jon Husted (R-Ohio) has introduced legislation that would let first-time homebuyers use unused college savings toward a down payment.
Taxes June 10, 2024
Has America’s Tax-Cut Era Outlasted Its Welcome?
Opinion: Tax cuts aren't cures. What's needed is the courage to reform an unfair, unbalanced and underperforming tax system.
Taxes June 5, 2024
IRS Urges Clean Fuel Producers to Apply Now for Tax Credit
Fuel producers eligible to claim the Clean Fuel Production Credit starting Jan. 1 should apply for registration ASAP, the IRS said.
Taxes June 3, 2024
House Republican ‘Tax Teams’ In Spotlight As Major Provisions Are Set to Expire
Unlike earlier iterations of working groups leading up to the 2017 tax law, the House Ways and Means tax teams are Republican-only.
Benefits May 30, 2024
A Fourth Round of Stimulus Checks Is Not Coming to Senior Citizens
Misinformation about a fourth stimulus check being sent to senior citizens and the disabled has been circulating online for many months.
Taxes May 29, 2024
IRS Proposal Lays Out Requirements for Clean Electricity Tax Credits
The proposed rules explain how eligible facilities can qualify for tech-neutral clean electricity credits under the Inflation Reduction Act.
Taxes May 20, 2024
Cleared for Takeoff? Tax Credits Provide Runway for Cleaner Jet Fuel
Federal tax breaks aim to boost sustainable jet fuel production to curb emissions from commercial planes and meet climate targets.
Taxes May 16, 2024
Biden Seeks to Bolster Solar Manufacturers With Tax and Trade Moves
The measures include expanded tariffs, tax policy guidance, and promises of heightened vigilance for signs of unfair trade.
Legislation May 16, 2024
U.S. to Increase Some Tariffs on Chinese Electric Vehicles to 100%
The rate on Chinese EVs will increase from 25 percent to 100 percent this year, while the rate on lithium-ion EV batteries will increase from 7.5 percent to 25 percent.
Taxes May 9, 2024
New Trump Tax Cuts Could Cost $4.6 Trillion, Bipartisan Watchdog Agency Says
That puts a massive price tag on what is likely to be a top issue in Washington next year as lawmakers grapple with the future of Trump’s tax cuts, which are slated to expire at the end of 2025.
Taxes May 3, 2024
EV Makers Win Two-Year Extension to Qualify for Tax Credits
The Biden administration on May 3 gave carmakers a partial reprieve in finalizing electric vehicle tax credit rules.
Taxes May 1, 2024
IRS Provides Safe Harbors For the Clean Aviation Fuel Credit
New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.
Taxes April 24, 2024
Bipartisan Bill Would Force IRS to Fix Issues With Math Error Notices
The bill, introduced in both the House and the Senate, would require the IRS to spell out exactly what the error on the return is.