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itep.org /4 weeks ago

The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of State EITCs

Immigrants and their families in as many as 30 states are at risk of seeing their state tax credits such as the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) reduced u...

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currentfederaltaxdevelopments.com /1 month ago

Treasury Previews Regulatory Framework for New Section 25F Education Freedom Tax Credit

“Treasury Previews Education Freedom Tax Credit Guidance,” US Department of Treasury Release, June 10, 2026 In a significant move toward implementing the educational provision...

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itep.org /3 weeks ago

Proposed Tax Credit Restrictions Would Harm Hundreds of Thousands of Working Immigrants Who Pay Taxes

Affected DACA recipients and their families stand to lose nearly 12% of their average annual income Hundreds of thousands of immigrant workers who file and pay taxes would be exclu...

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focus.de /1 week ago

Rückerstattung genehmigt: Die IRS überweist bis zu 8.231 Dollar auf die Bankkonten derjenigen, die Anspruch auf Steuergu...

Die US-Finanzbehörde hat mit der Auszahlung einer wichtigen Steuergutschrift begonnen. Berechtigte Familien mit geringerem Einkommen können in diesem Jahr erhebliche Beträge erhalt...

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currentfederaltaxdevelopments.com /1 day ago

Tax Court Bars Above-the-Line Deduction for Fair Credit Reporting Act Legal Fees: Analyzing Eiler v. Commissioner

James Wendelin Eiler and Kathryn Ann Eiler, Deceased v. Commissioner of Internal Revenue, 167 T.C. No. 3, July 14, 2026 For tax practitioners managing the tax consequences of...

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itep.org /2 weeks ago

State-by-State Tax Expenditure Reports

Below is a list of tax expenditure reports published in the states.

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accountingtoday.com /2 weeks ago

Convert tax departments into profit centers

For many taxpayers — especially those with variable, limited or short-term tax capacity — credit transferability provides a practical and effective solution.

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itep.org /4 weeks ago

The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of the DACA Recipient Population

We find that 337,000 people in households with at least one DACA recipient will suffer financial harm, and that nearly two-thirds (66 percent) of the impacted individuals are U.S....

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thetaxtalk.com /1 month ago

PF/ESI Disallowance Could Not Be Adjusted Under Section 143(1) Before Supreme Court’s Checkmate Judgment: ITAT Grants Re...

PF/ESI Disallowance Could Not Be Adjusted Under Section 143(1) Before Supreme Court’s Checkmate Judgment: ITAT Grants Relief to Taxpayers In an important relief for taxpayers fac...

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itep.org /1 week ago

2026 Sessions in Review: States Fund Tax Credits by Preserving, Raising Revenue

In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.

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survivefrance.com /1 month ago

2025 French tax returns

Ah, I understand. You receive a tax credit say 65€ not a reduction in your taxable income of 100€ which is then taxed at your marginal income, say 30% so the tax credit is greater...

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smallbiztrends.com /1 month ago

What Is the Work Opportunity Tax Credit and Who Benefits?

Discover the work opportunity tax credit, a valuable incentive for employers hiring individuals from specific target groups. Learn who benefits from this tax credit and how it can...

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currentfederaltaxdevelopments.com /1 week ago

Capital Contributions vs. Compensation: Analyzing Ownership and Taxability in Manufacturing Expansion Agreements

Thermal Circuits, Inc. v. Commissioner, T.C. Memo. 2026-29 (July 7, 2026) In the complex intersection of supply chain financing and tax characterization, the distinction betwe...

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njbiz.com /2 days ago

New Jersey launches SimpleFile for child tax credit claims

New Jersey launches SimpleFile, a free online tool helping eligible families claim the Child Tax Credit quickly and easily. The post New Jersey launches SimpleFile for child tax cr...

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