Biden wants to permanently extend the Child Tax Credit expansion past the December expiration. The first payments are scheduled for distribution Thursday. Around $15 billion will be sent to about ...

Biden administration expands tax credit to incentivize domestic renewable energy production. New guidance aims to boost domestic manufacturing and mining.

WASHINGTON (AP) — The Biden administration is moving to clarify how homeowners and businesses can receive lucrative tax credits for installing electric vehicle chargers. A rule proposed ...

New tax credits are available for companies that generate clean electricity, the Biden administration announced Tuesday, while arguing it would be a mistake for President-elect Donald Trump to try ...

Presidents Donald Trump and Joe Biden both created car-buying incentives. Here's how to take advantage of both now.

The Biden administration has proposed a rule maximizing the number of electric vehicle (EV) chargers that can qualify for tax credits. Prior to the proposed rule, it was unclear whether the tax ...

Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January ...

Currently, the EV tax credits, which were implemented after President Biden signed the Inflation Reduction Act in 2022, are set to expire December 31, 2032.

House Ways and Means Republicans unveiled legislation Tuesday that would slash renewable energy and climate tax credits established or enlarged by former President Joe Biden’s Inflation ...

The Senate’s draft tax bill calls for increasing an investment credit for semiconductor manufacturers, a potential boon for chipmakers that the Trump administration is urging to increase the ...

Biden administration officials say new tax credits are available for companies that generate clean electricity and it would be a mistake for President-elect Donald Trump to try to undo them.

The Biden administration has released a proposal to expand the number of electric vehicle chargers eligible for tax credits across the country.