In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

Only three weeks into his second term, President Donald Trump is moving full steam ahead with his agenda. He won ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

This year will be a pivotal year for tax policy and will have far-reaching consequences for our economy and democracy. It is important that the people understand what is at stake. This Tax Justice and ...

A new tax code is likely to come with the election of President Trump, and there are a few directions Congress and the ...

The U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) have released a notice of intent to propose regulations and ...

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Renewable energy developers are trying again to change the state tax code to get the full benefit of Inflation Reduction Act ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...