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Consumers have a host of new 'green' tax incentives to consider

Apr 6, 2023
The Inflation Reduction Act adds new tax credits for home energy efficient tech.
Though solar panel tax credits aren't new, the cost of the project is now eligible for a 30% tax credit.
Joe Raedle/Getty Images

Your tax refund may be smaller this year

Apr 5, 2023
Pandemic tax credits have dried up, like the temporary expansion of the child tax credit and the earned income tax credit.
Without pandemic-era expanded tax credits, low- and middle-income families will likely see lower tax returns.
Chip Somodevilla/Getty Images

The Inflation Reduction Act wants to incentivize electric car purchases – but there's a catch

Aug 10, 2022
The bill includes language that would make most existing electric vehicle models ineligible for the tax credit that's intended to make them more affordable.
People look at the engine of a Chevrolet Bolt EV at the New York International Auto Show at the Jacob K. Javits Convention Center on April 15, 2022 in New York City.
Michael M. Santiago/Getty Images

A gust of wind energy blows through the U.S.

Aug 25, 2021
Last year was a record year for installation of wind energy equipment, partially benefiting from five years straight of federal tax credits for producers.
A windfarm is seen near Palm Springs, California, in December 2006. Wind energy is the country's largest renewable energy source, but on-again, off-again tax credits have hindered turbine manufacturing.
Gabriel Bouys/AFP via Getty Images

Should low-income workers without kids get expanded tax credits?

May 31, 2019
An expanded earned income tax credit has been floated by a number of Democratic presidential hopefuls.
New tax season, new rules but same amount of refund?
DNY59/iStock/Getty Images Plus

Tax credit for GM's electric cars starts to phase out

Mar 28, 2019
On April 1, the credit will drop by 50 percent.
Visitors admire the Chevy Volt at the annual auto engineering exhibition in Yokohama, suburban Tokyo on May 19, 2011.
YOSHIKAZU TSUNO/AFP/Getty Images

In an effort to attract young workers, Maine is offering to reimburse their student loan payments

Nov 30, 2018
It's no secret that workers are getting older nationwide. But the problem is extra tough in Maine.
Justin Sullivan/Getty Images

For public good, not for profit.

Why the House tax plan has students worried

Nov 20, 2017
The revised House tax plan eliminates deductions for tuition and interest paid on student loans and other higher education credits to help pay for tax cuts.
Johannes Simon/Getty Images

What’s better, a deduction or a tax credit?

Nov 2, 2017
The true impact of the Republican tax proposal on the middle class can’t really be measured just yet. We do know it would create a new “family credit” and expand the child tax credit used by working families. On the other hand, the personal exemption taxpayers can now claim for themselves and each of their […]

The National Association of Home Builders opposes the Republican tax bill

Jerry Howard, CEO of the National Association of Home Builders, discusses why the group is against the tax bill.
A worker helps to build a townhome complex under construction on May 15, 2017 in Chicago, Illinois.
Scott Olson/Getty Images