The Low-Income Housing Tax Credit (LIHTC) provides a financial incentive for developers to build, buy, and renovate rental ...

The maximum credit is calculated as 35% of allowable expenses, up to $3,000 for a single child and $6,000 for two or more ...

Taxpayers have through Sept. 5 to fill out a survey that will be presented to Congress, as the future of IRS Direct File ...

The anonymous survey emphasizes the high “initial cost to the federal government” of an IRS-run tool vs. programs “paid and ...

The Income Tax Bill 2025 also stirred debate among taxpayers due to some proposals. One of them is – expanding discretionary ...

The government has shut down or suffered funding gaps at least 20 times in history, all in the past 50 years. The most recent shutdown lasted 34 days, spanning the end of 2018 into the start of ...

Nope, not getting a break on this count either. Should the government shut down tomorrow, you can still expect the deadline for your tax return to be April 15, unless lawmakers choose to delay it.

An Illinois doctor has been sentenced to 34 months in prison for committing health care fraud, hiding assets, and lying to ...