Taxes November 4, 2026
Newsom Proposes $1 Billion Cap for California Film and TV Tax Incentive
Gov. Gavin Newsom wants to expand California's current Film and Television Tax Credit Program from $750 million to at least $1 billion annually.
Taxes October 30, 2026
Backers of Federal Film Tax Credit Seek Action in Lame-Duck Session
With just weeks to go before the end of the 119th Congress, lawmakers and advocates are making a bipartisan push to get a proposed federal film tax credit over the finish line.
Taxes October 22, 2026
New York Quadruples Tax Credits for Volunteer Firefighters and Ambulance Workers
The legislation will increase the annual personal income tax credit from $200 to $800 for individuals and from $400 to $1,600 for married couples beginning in tax year 2027.
Taxes October 20, 2026
Democratic Holdouts Still Aren’t Committing to Federal Scholarship Tax Credit Program
Sixteen governors, including JB Pritzker in Illinois, still haven’t said whether they’ll opt in to the Federal Scholarship Tax Credit program.
Taxes October 20, 2026
How Much Will Federal Tax Credit Scholarship Program Benefit Public Schools?
New federal tax credit scholarships will be able to help public school students. A researcher projects how much money will flow to them.
Taxes October 19, 2026
IRS Begins Issuing Adoption Tax Credit Refunds to Eligible Taxpayers
The IRS said Friday it has started sending out refunds to more than 50,000 taxpayers who benefited from the adoption tax credit carryforward and expects to finish the refund process by the end of the year.
IRS October 14, 2026
Treasury, IRS Propose Rules to Stamp Out Premium Tax Credit Fraud
Proposed rules issued by the Treasury Department and the IRS on Wednesday are aimed at ensuring that taxpayer-funded healthcare subsidies go only to Americans who qualify under federal law.
Taxes October 5, 2026
Federal Education Tax Credit Rules Are Finally Here. What We Know So Far
Ahead of the January launch, the Treasury Department unveiled regulations governing a massive infusion of education funding nationwide.
Taxes October 1, 2026
Sen. Tim Scott Touts Federal Film Tax Credit as a Blue-Collar Jobs Bill
The South Carolina Republican is leading the legislative effort in the U.S. Senate alongside Sen. Adam Schiff (D-Calif.), while a parallel bipartisan coalition is pushing for the bill in the U.S. House of Representatives.
Legislation September 24, 2026
Hollywood Would Get 20% Federal Film Tax Credit Under Proposed New Bill
The Motion Picture, Television and Entertainment Revitalization Act would establish a 20% tax credit on U.S. labor for film and TV productions, including post-production and visual effects work.
Taxes September 15, 2026
A Federal Tax Credit Could Add 143,000 Film and TV Jobs, Study Says
A federal film and television tax credit could boost U.S. production spending by $125 billion and add more than 143,000 jobs by 2035, according to a new study commissioned by the Motion Picture Assn.
Taxes September 11, 2026
IRS Posts Additional Guidance on Section 45Z Clean Fuel Credit
The IRS this week provided the 2026 emissions rate table used to calculate the Section 45Z Clean Fuel Production Credit and issued additional guidance on the tax credit, including on the use of manure-derived fuels and regenerative agricultural practices.