LANSING, Mich. — While many file their taxes for 2023, some Michiganders might be surprised to get a check from tax year 2022. It's part of the Michigan's Working Families Tax Credit, which is based ...

With new data showing that the child poverty rate jumped dramatically in 2022, Democrats in Congress are pressing forward with their perhaps quixotic effort to reinstate the expanded child tax credit.

(TNS) — On Wednesday, federal EV tax credits in the US officially came to an end. Those credits, expanded and extended in the 2022 Inflation Reduction Act, gave drivers up to $7,500 in credits toward ...

The Inflation Reduction Act of 2022 provides for the transferability of certain renewable energy tax credits, including the investment tax credit (ITC). As preliminary additional guidance was just ...

It looks like Ford's planned $3 billion Michigan electric vehicle battery plant will still qualify for tax credits despite the winds of change in Washington. While the GOP's new sweeping tax and ...

The U.S. Treasury Department has introduced new guidelines allowing a $7,500 electric vehicle (EV) tax credit to be used as a point-of-sale rebate, effective January 2024. To qualify for the tax ...