Tag Archives: tax credit
Application Period Now Open for $250 million Tax Credit Program
New York Governor Kathy Hochul has recently announced that applications are now being accepted from small businesses so long as they have completed the pre-screening process to become certified for the COVID-19 Capital Costs Tax Credit Program. This program supports … Continue reading
You Could Be Missing Out on Thousands in 2021 Tax Credits, The IRS Reminds Taxpayers
Over 9 million individual taxpayers and their families could be leaving thousands on the table for not filing their 2021 federal tax return. The agency announced last week that it began sending letters to taxpayers they identified who could be … Continue reading
Top Automakers Pushing to Build US Battery Plants Amid EV Tax Credit Revamp
In light of the new EV tax credit rules that were a part of a deal between Senators Chuck Schumer and Joe Manchin, EV automakers are now required to have the battery that goes inside the car, mainly manufactured and … Continue reading
Top Automakers Claim Electric Vehicle Price Hike has Nothing to do with Biden’s New Spending Bill
Shortly after the new Inflation Reduction Act spending bill recently signed by President Biden, two of the top automakers in the country, General Motors (GM) and Ford received backlash regarding their increase in the price of electric vehicles. The pushback … Continue reading
Small Business Firms May Be Eligible to Receive a $25,000 Tax Credit for Covid Costs
During the pandemic in 2021, many businesses had to make some unexpected purchases to help slow the spread of COVID-19 within their company. These purchases included things like masks cleaning supplies, and outdoor seating, among other expenses aimed at reducing … Continue reading
Now Is The Time To Consider College Tax Credits For 2015 And Beyond
Now that your college students are finally squared away with school transportation, registration, books, supplies, class schedules and dormitory accommodations, it’s a good time to consider whether you will qualify for the various education-related tax benefits available when you file … Continue reading