The Broadcast VOICES Act has emerged in both houses of Congress, bringing a fresh effort among legislators to boost broadcast ...

How to claim the mortgage credit certificate. The MCC tax credit can be taken at the time borrowers file their tax returns. To claim it, you’ll want to use IRS Form 8396 to document the MCC’s ...

Mortgage credit certificates allow eligible homebuyers to receive a tax credit for a portion of their mortgage interest. You can get a maximum credit of $2,000.

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...

While the Trump administration is turning away from many renewable energy initiatives, some subsidies for U.S. manufactured parts will remain.

One underutilized tax credit is the Certificate of Creditable Tax Withheld at Source (CWT Certificate or BIR Form 2307). Many taxpayers fail to recognize the value of these certificates, even ...

Republicans have taken aim at EVs on a number of fronts, a reversal from former President Biden's policy that encouraged ...

Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, ... New homeowners with Mortgage Credit Certificates can save big.

Aadhaar will be mandatory for PAN applications, income tax filing gets extended, and major banks like SBI, HDFC, and ICICI ...

Learn how Indian residents earning foreign income can claim Foreign Tax Credit (FTC) for FY 2024-25. Understand Form 67 submission, DTAA, and ...

The mortgage credit certificate reduces an eligible borrower’s federal income taxes, effectively enhancing their net income. MCCs can aid mortgage borrowers who might not otherwise qualify for a ...

One underutilized tax credit is the Certificate of Creditable Tax Withheld at Source (CWT Certificate or BIR Form 2307). Many taxpayers fail to recognize the value of these certificates, ...