Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
The credit will apply to donations made to scholarship-granting organizations that support elementary and secondary students.
A letter urges an exception to the current “all or nothing” approach that prevents U.S. companies from deducting any part of ...
The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to ...
The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring ...
On November 21, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations under ...
October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...
A new U.S. Treasury proposal would classify certain tax credits as federal public benefits, which could prevent many ...