News

Senate Proposal to Budget Bill Would End EV Tax Credit on September 30
The U.S. Senate is deliberating hundreds of provisions to a tax and domestic policy bill, including changes that would ...
Senate Republicans seek to end EV tax credit by September 30
Republicans have taken aim at EVs on a number of fronts, a reversal from former President Biden's policy that encouraged ...
This One Clean Energy Tax Credit Could Survive Massive Cuts
While the Trump administration is turning away from many renewable energy initiatives some subsidies for U.S. manufactured parts will remain.
Soy Aire on MSN9h
The Future of the Child Tax Credit: Proposed Changes and Their Impact
The Child Tax Credit (CTC) has long been a cornerstone of financial support for families with children in the United States. Currently, parents earning $200,000 or less can claim a $2,000 credit per ...
Updated Senate bill slashes wind and solar incentives — and adds a new tax
An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy – and adds a new tax on ...
Texas advocates urge Congress to protect child tax credit benefits
As Congress deliberates potential changes to the federal child tax credit, Texas child advocates are raising concerns about ...
The child tax credit could be worth over $2,000 under Republicans' spending plan — but millions of families wouldn't benefit
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...
Maine Public1h
Senate considers ditching the EV tax credit even earlier than planned
As the Senate debates the giant tax and spending bill, lawmakers are weighing a Sept. 30 end date for the EV tax credits. The ...
California Legislature Approves $750 Million Film Tax Credit by Wide Margin
The Legislature voted Friday to increase the cap on the program from $330 million a year to $750 million. The Assembly ...
LA Film Production May See Lifeline Soon With $750 Million Tax Credit Plan on Verge of Passing
Jeremy Fuster, Film Reporter, joined TheWrap in 2016 and covers box office and labor news. He received a National Arts & ...