This credit remains what it has been from the start: an ineffective subsidy primarily benefiting the wealthy. Congress should ...

The U.S. Department of the Treasury and IRS on Jan. 7, 2025, released final regulations regarding the clean electricity production tax credit ...

Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.

To make the most of EV ownership, you need high-voltage charging equipment at home. Here's everything you need to know to get ...

More than 70,000 seniors in Washington state will save hundreds or thousands of dollars each year thanks to the new annual cap on out-of-pocket prescription drug costs for folks on Medicare Part D, ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.

An independent watchdog finds the IRS has improved its overall taxpayer service but is slow to resolve certain identity theft ...

The Treasury Department and the Internal Revenue Service released final rules for the clean electricity investment and ...

Most projects angling for 45V subsidies make low-carbon hydrogen by using electricity to split water molecules or by using heat to split methane. To qualify, the electrolysis route requires a supply ...

The report, while highlighting positive strides made by the agency, also underscores areas that still require substantial ...