The Enhanced Premium Tax Credit is set to expire at the end of 2025 and Congress has yet to act. This credit is a lifeline ...

The final rule covers a wide range of topics. This article discusses the final rule’s changes to impose new income and ...

(The Center Square) – An unconventional accounting method could provide Senate Republicans with a ticket out of the One Big Beautiful Bill Act’s debt and deficit problems, according to a new fiscal ...

The only exception is that the Senate draft would codify the rule’s requirement related to the failure to file and reconcile premium tax credits.

The US Senate Finance Committee released its reconciliation text Monday evening, which takes a hatchet to several green energy tax credits while enhancing the 45Q incentive for enhanced oil recovery ...

Local leaders are expressing concerns Tuesday about clean energy tax credits found in the federal budget reconciliation bill.

When it comes to reducing your income tax liability, one of the most effective options is claiming deductions on health insurance premiums. Under Section 80D of the Income Tax Act, 1961, taxpayers can ...

The reconciliation bill threatens to cut that money by more than $200 million if Congress does not reinstitute the expiring tax credits, according to Polis.

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state Republicans.