Taxes October 21, 2025
New ‘Jumanji’ Movie Among 52 Films Awarded California Film Tax Credits
The 52 film projects are the first movies to receive tax credits since the state bolstered its production incentive program this summer.
Taxes October 20, 2025
Koch, Anti-Tax Groups Harden GOP’s Tough Shutdown Stance
Influential conservative groups with deep pockets are pushing Republicans to demand steep concessions from Democrats in exchange for extending health care subsidies, a move that risks prolonging a U.S. government shutdown now in its 20th day.
Taxes October 15, 2025
Inside the Debate Over ACA Tax Credits That is Driving the Government Shutdown
Republicans contend that extending the premium tax credits is a complex task with a lot of moving parts that need to be addressed. But Democrats point out that those bills are already in the mail. Enrollment begins on Nov. 1.
Taxes October 8, 2025
GM Cuts Short EV Tax Credit Extension Program
The company will continue to offer about $6,000 in savings on electric vehicle leases through October, with the cost footed by General Motors.
Taxes October 2, 2025
IRS Extends Form 6765 Comment Period to March 31, 2026
The agency said Oct. 1 that it wants to receive additional feedback about the draft instructions for Form 6765 and is extending the dates for certain reporting rules related to the Credit for Increasing Research Activities, also known as the research tax credit.
Taxes September 23, 2025
Michigan Nursing Home Sues IRS, Claiming It’s Owed a $4.9M Employee Retention Credit
Thornapple Manor has filed suit against the IRS, alleging that it hasn’t received $4.9 million in refunds that it was eligible for under a pandemic-era tax credit.
Taxes September 23, 2025
Paperwork Pitfalls Put Some EV Owners’ $7,500 Tax Credit in Limbo
The IRS has issued instructions for dealerships to file paperwork that’s required so electric vehicle buyers don’t miss out on the tax credit, which expires Sept. 30.
Taxes September 18, 2025
Government Shutdown Risks Rise as Democrats Issue Ambitious Counteroffer
The Democrats’ bill would repeal Medicaid cuts enacted in July and also seeks a long-term extension of expiring Obamacare tax subsidies, a proposal that could cost hundreds of billions.
Taxes September 15, 2025
Looming Government Shutdown Tied to GOP Extending Obamacare Tax Credit
Whether the federal government shuts down operations in two weeks could hinge on Republicans agreeing to extend the premium tax credit, which is set to expire Dec. 31.
Taxes September 5, 2025
AICPA Asks for Guidance on Pillar Two Co-Existence with U.S. Tax Rules
In a letter, the Association of International Certified Professional Accountants requested guidance and made recommendations on the Pillar Two framework co-existing with U.S. tax rules for U.S. multinational enterprises in a side-by-side system to the OECD.
Taxes August 26, 2025
IRS Issues Fact Sheet on Expiring Clean Energy Tax Incentives
The IRS on Aug. 21 issued a fact sheet containing frequently asked questions about Biden-era clean energy tax credits and deductions soon to expire under the One Big Beautiful Bill Act.
Taxes August 13, 2025
Sticker Shock: Hospitals Say Tax Credit That Keeps People Healthy is Now at Risk
The price of coverage under the Affordable Care Act will jump between 30% and 50% if Congress does not act to extend the enhanced premium tax credits that helped keep down insurance costs during the pandemic, a hospital CEO says.