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

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 ...

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 ...

An MCC is a certificate that allows you to claim a federal tax credit on up to 20% of the annual interest paid on your mortgage loan. This credit is capped at $2,000 in most states.

COVID tax credits for small business still available. Deadline to apply is Sept. 30. Up to $25,000 in credits are allowed. ... If businesses receive a tax credit certificate in 2023, ...

The income limits are the same as they are for the American opportunity credit – to claim the full credit for tax year 2024, your MAGI must be $80,000 or less if you're filing as single or head ...

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 ...