Page 47 - Deductions News Today

A U.S. Senate proposal to provide child tax credit payments of up to $4,200 a year has gotten mixed reviews from at least one public policy group, which called the plan "a welcome development" but...

Buyers of all-electric and plug-in hybrid cars purchased new in or after 2010 may be eligible for a federal income tax credit of up to $7,500, according to the Energy Department. However, for electric...

Although most of the Economic Impact Payments made possible by the American Rescue Act have already been sent to eligible recipients, you still have the opportunity to claim the third stimulus payment...

You'd need a Hubble Space Telescope to spot the silver lining in today's gasoline prices -- they pushed above $5 a gallon this week for the first time ever -- but the IRS did offer at least one tiny...

Vermont has become the latest state to introduce a child tax credit to aid families missing out on the discontinued federal Child Tax Credit, as GOBankingRates reported. Republican Gov. Phil Scott...

On May 25, the Internal Revenue Service revised its frequently asked questions (FAQ) page for the 2021 Earned Income Tax Credit (EITC) to inform taxpayers of changes to how they can claim the credit...

There are a range of hurdles for taxpayers who want to claim, says the ATO.

Three hundred thousand Connecticut households will soon reap the rewards of the largest tax cut in the state's history, according to the state government. The 2022 Connecticut Child Tax Rebate is part...

As a parent, you know how quickly expenses can add up. And as a working parent, you know that child care is one of the biggest expenses you will ever have to face. Child Tax Credit Doubts: Why...

The first week of May -- from May 1 through May 7, 2022 -- is National Small Business Week in the U.S. The theme of this year's celebration is "Building a Better America through Entrepreneurship."...