#tax-credits

[ follow ]

Tax Strategies for Small Businesses: Maximize Your Profits, Minimize Your Tax Burden

Implementing effective tax strategies enhances small business profitability and reduces tax liability.
Deductions and tax credits are essential tools for optimizing financial outcomes.
#electric-vehicles
from InsideEVs
5 days ago
Cars

How Much Will An EV Really Cost Me?

Electric vehicles can lead to significant long-term savings despite higher initial costs, influenced by location and specific vehicle choice.

Why Used EV Deals Will Get Crazy On Jan. 1, 2025

Used EV prices are at an all-time low, with better deals expected in January due to expanded tax credit eligibility.

Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget

Used electric vehicles are now more affordable thanks to new tax credits in 2023.
It's crucial for buyers to match EV features with their driving habits and environments.

The Best New Electric Cars Under $40,000

EVs can be expensive, but many cost-effective options under $40,000, especially with available tax credits, provide affordable choices for consumers.

EV point-of-sale tax credits eclipse $2 billion since new program launched

Point-of-sale tax credits for electric vehicles have saved over $2 billion for more than 300,000 buyers since January 2024.

The Best Used Plug-In Hybrids That Qualify For The $4,000 EV Tax Credit

Government tax credits for plug-in vehicle purchases significantly lower costs, especially for used models starting in 2024, making EVs more accessible to buyers.

How Much Will An EV Really Cost Me?

Electric vehicles can lead to significant long-term savings despite higher initial costs, influenced by location and specific vehicle choice.

Why Used EV Deals Will Get Crazy On Jan. 1, 2025

Used EV prices are at an all-time low, with better deals expected in January due to expanded tax credit eligibility.

Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget

Used electric vehicles are now more affordable thanks to new tax credits in 2023.
It's crucial for buyers to match EV features with their driving habits and environments.

The Best New Electric Cars Under $40,000

EVs can be expensive, but many cost-effective options under $40,000, especially with available tax credits, provide affordable choices for consumers.

EV point-of-sale tax credits eclipse $2 billion since new program launched

Point-of-sale tax credits for electric vehicles have saved over $2 billion for more than 300,000 buyers since January 2024.

The Best Used Plug-In Hybrids That Qualify For The $4,000 EV Tax Credit

Government tax credits for plug-in vehicle purchases significantly lower costs, especially for used models starting in 2024, making EVs more accessible to buyers.
moreelectric-vehicles

US extends CHIPS Act tax credits to wafer, solar production

The Biden administration is extending tax credits for photovoltaic cell manufacturing under the CHIPS Act to bolster economic growth and energy supply security.
#irs

IRS offers free Direct File for federal taxes to 24 states - how to check if you qualify

IRS expands direct file program to 24 states for free federal tax filing.

Taxpayers in California and 23 other states will be able to file their returns directly with the IRS in 2025

The IRS is permanently expanding its Direct File program for free tax filing, serving over 30 million taxpayers starting in 2025.

IRS offers free Direct File for federal taxes to 24 states - how to check if you qualify

IRS expands direct file program to 24 states for free federal tax filing.

Taxpayers in California and 23 other states will be able to file their returns directly with the IRS in 2025

The IRS is permanently expanding its Direct File program for free tax filing, serving over 30 million taxpayers starting in 2025.
moreirs
#inflation-reduction-act
from Los Angeles Times
1 month ago

Your guide to California's U.S. Senate candidates' views on energy, the environment

The Inflation Reduction Act is seen as a significant step for green energy, but concerns about its environmental impact and financial implications persist.
from Fast Company
1 month ago

3 under-the-radar ways the Inflation Reduction Act has made significant impact (including to your wallet)

The Inflation Reduction Act has significantly benefited millions of Americans financially, primarily through clean energy tax credits and investments.

Your guide to California's U.S. Senate candidates' views on energy, the environment

The Inflation Reduction Act is seen as a significant step for green energy, but concerns about its environmental impact and financial implications persist.

3 under-the-radar ways the Inflation Reduction Act has made significant impact (including to your wallet)

The Inflation Reduction Act has significantly benefited millions of Americans financially, primarily through clean energy tax credits and investments.
moreinflation-reduction-act

Single parent and full-time carer welcomes supports but says more can be done to help the most vulnerable

Catherine Rossiter emphasizes the need for more targeted support for disabled children and their families, despite recent financial improvements.
#cost-of-living

Two 125 energy credits to be deducted from electricity bills this year; cigarettes look set to rise by 1 in latest Budget 2025 moves

A significant cost of living package aims to relieve financial pressures through tax adjustments and social welfare increases.

Two 125 energy credits to be deducted from electricity bills this year; cigarette prices set to increase in latest Budget 2025 moves

A €2bn cost of living package will include social welfare increases and tax cuts to combat inflation.

NY to send tax credit checks to qualified families in August

Low- and moderate-income families in New York to receive extra financial help through Empire State Child Credit, automatically sent via check, starting in August.

California is one of most expensive states to have kids. Do you qualify for a tax credit?

California is the fourth most expensive state for childcare in the U.S.
Tax credits such as the child tax credit and child and dependent care credit can help you save money on your federal taxes.

Two 125 energy credits to be deducted from electricity bills this year; cigarettes look set to rise by 1 in latest Budget 2025 moves

A significant cost of living package aims to relieve financial pressures through tax adjustments and social welfare increases.

Two 125 energy credits to be deducted from electricity bills this year; cigarette prices set to increase in latest Budget 2025 moves

A €2bn cost of living package will include social welfare increases and tax cuts to combat inflation.

NY to send tax credit checks to qualified families in August

Low- and moderate-income families in New York to receive extra financial help through Empire State Child Credit, automatically sent via check, starting in August.

California is one of most expensive states to have kids. Do you qualify for a tax credit?

California is the fourth most expensive state for childcare in the U.S.
Tax credits such as the child tax credit and child and dependent care credit can help you save money on your federal taxes.
morecost-of-living

Renters could get 2,000 boost across two years in new Budget plans

Fianna Fáil is proposing a €1,000 rent tax credit for 2024 and 2025 to assist struggling renters with rising living costs.

Key Congressional committee passes $5 billion scholarship tax credit bill

The Educational Choice for Children Act aims to provide financial assistance for students through a scholarship tax credit.

'Historic mistake': Yellen issues warning about possible future of clean energy legislation

Rolling back clean energy tax credits would harm families and U.S. manufacturing investments, according to Treasury Secretary Janet Yellen.
#affordable-housing

State strips nonprofit of tax credits for demolishing historic building

Galvan Initiatives Foundation's loss of tax credits jeopardized affordable housing plans, leading to a shift towards market-rate and workforce housing.

A dozen affordable housing projects face tight race for state tax credits - Austin Monitor

City Council to consider plans for 11 affordable housing developments
Developers can sell tax credits to offset the cost of including affordable housing

State strips nonprofit of tax credits for demolishing historic building

Galvan Initiatives Foundation's loss of tax credits jeopardized affordable housing plans, leading to a shift towards market-rate and workforce housing.

A dozen affordable housing projects face tight race for state tax credits - Austin Monitor

City Council to consider plans for 11 affordable housing developments
Developers can sell tax credits to offset the cost of including affordable housing
moreaffordable-housing
#new-jersey

The Daily Dirt: Studio development, productions rise in NY and NJ

New Jersey's film and TV production has increased significantly since reviving its tax credit in 2018, but it remains behind New York.
The regional increase in filming activity benefits both New Jersey and New York, even as competition lingers.

New Jersey's $500 Million Bid to Become an AI Epicenter

New Jersey aims to become a hub for AI innovation by offering significant tax credits to AI companies, fostering economic growth and positioning the state as a leader in the industry.

The Daily Dirt: Studio development, productions rise in NY and NJ

New Jersey's film and TV production has increased significantly since reviving its tax credit in 2018, but it remains behind New York.
The regional increase in filming activity benefits both New Jersey and New York, even as competition lingers.

New Jersey's $500 Million Bid to Become an AI Epicenter

New Jersey aims to become a hub for AI innovation by offering significant tax credits to AI companies, fostering economic growth and positioning the state as a leader in the industry.
morenew-jersey
#kamala-harris
from New York Post
2 months ago

Kamala Harris' $1.7T spending plan exposes her pixie-dust fiscal policy

Kamala Harris's economic plan focuses on significant investments through tax credits and subsidies, claiming substantial returns on these investments.
from Business Insider
2 months ago

New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan

Harris proposes tax cuts for families, including a $6,000 credit for new parents and restoring the Child Tax Credit ahead of her campaign speech.

Kamala Harris' $1.7T spending plan exposes her pixie-dust fiscal policy

Kamala Harris's economic plan focuses on significant investments through tax credits and subsidies, claiming substantial returns on these investments.

New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan

Harris proposes tax cuts for families, including a $6,000 credit for new parents and restoring the Child Tax Credit ahead of her campaign speech.
morekamala-harris

Here Are The Affordable Crossover Plug-In Hybrids With The Most Range

Plug-in hybrid electric vehicles (PHEVs) offer electric benefits in city driving and a seamless road trip experience with a gas engine backup.
Top 2024 crossover PHEVs under $50,000 offer significant all-electric driving range, making them affordable and mainstream options.

The Senate just killed a plan to cut taxes for parents and small businesses, calling it 'cash welfare'

A bill to expand child tax credit and restore tax breaks for businesses was blocked in the Senate. Both parties focused on election-year messaging, with Republicans opposing the measure.

Tesla Model Y Long Range Used Prices Plummet To Under $25,000

Despite new Tesla sales decline, used Model Ys sell fast, offering good value with tax credits and impressive battery longevity.

You Can Buy a Used Tesla for Cheap. Just Be Careful If You Do

Used Teslas are becoming more affordable due to fallen resale values and potential tax credits, providing opportunities for savvy buyers.

Presupuesto estatal incluye credito tributario por hijos, pero defensores advierten oportunidad perdida para combatir pobreza

La fórmula para calcular los pagos suplementarios del Empire State Child Credit excluye a familias de bajos ingresos de obtener el crédito máximo.

Thinking Of Buying An Electric Car? Here Are Five Critical Things To Consider

Consider electric cars with a range exceeding your needs, as ranges vary based on driving conditions, ensuring preparedness for unforeseen circumstances.
#california

California bill would tax Big Tech to create tax credit for news organizations

California bill proposes data extraction fee on Big Tech to fund journalists.

The Mandalorian & Grogu,' 14 other film projects getting California tax credits

California's film and TV tax-credit program greenlights 16 film projects, creating jobs and boosting the state's economy.
The tax credit program offers a 20% tax break for eligible productions with a budget of at least $1 million, benefiting big-budget and independent films.

California bill would tax Big Tech to create tax credit for news organizations

California bill proposes data extraction fee on Big Tech to fund journalists.

The Mandalorian & Grogu,' 14 other film projects getting California tax credits

California's film and TV tax-credit program greenlights 16 film projects, creating jobs and boosting the state's economy.
The tax credit program offers a 20% tax break for eligible productions with a budget of at least $1 million, benefiting big-budget and independent films.
morecalifornia

New $450 E-Bike Tax Credit Debuts In Colorado

Electric bike tax credits incentivize e-bike use over cars.
Better infrastructure like bike lanes is needed to further promote e-bike transportation.

Why Biden's Proposed $400 a Month Tax Credit for Homebuyers Could Make It Even Harder To Buy a Home

Biden proposes tax credits for homebuyers could lead to higher prices
Potential concern over increased demand impacting home prices

Low-income workers can get huge tax refunds. This event helps them get the money

Low- and moderate-income workers in Los Angeles can utilize tax credits like earned income tax credit to get refunds.
The earned income tax credit is a powerful tool to help lift people out of poverty.

Thousands to receive new cost of living payment see if you qualify

Around 700,000 households will receive a cost of living payment of £299 from HM Revenue and Customs.
This is the third and final payment in a series of payments for eligible households receiving tax credits and other means-tested benefits.

Tax Season in Canada

Take advantage of all available tax credits and deductions to reduce your tax bill and potentially increase your refund.
Stay informed about changes and updates to tax laws to ensure you're taking advantage of new opportunities.

Tesla warns that the Model 3 is about to lose half of its tax credit in the US

The federal tax credit for Tesla's Model 3 will be cut in half to $3,750 by January 1st, 2024.
Tesla may be unable to meet sourcing requirements under the Inflation Reduction Act, affecting tax credits for other models in the future.
[ Load more ]