States must now decide whether to participate, with their decisions determining the federal credit’s availability to ...
The IRS has announced that the following three tax credits are among those whose limits will rise for the 2026 tax year — the ...
Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...
The federal EV tax credit of up to $7,500 on electric cars and plug-in hybrids expired on Sept. 30, 2025. The changes are due to a budget reconciliation bill, also known as the One Big Beautiful Bill ...
A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...
The federal tax credit of up to $7,500 for EVs came thanks to the Inflation Reduction Act (IRA). But ever since the electric vehicle tax credit was announced, there have been questions and confusion ...
The House overwhelmingly passed a bipartisan tax package on Jan. 31 that would expand corporate tax breaks and the child tax credit. The plan, known as the Tax Relief for American Families and Workers ...
Two years after the expiration of the expanded child tax credit, a pandemic-era policy that temporarily but dramatically lowered child poverty rates, federal lawmakers are close to a bipartisan deal ...
Each year during open enrollment, millions of families flock to find affordable health insurance. If you’ve shopped for health insurance on the federal marketplace, you may be eligible for a ...