A tax credit for first-time homebuyers could be an important step towards restructuring the way the US subsidizes home ownership. But the version President Biden...
In 2021, the American Rescue Plan (ARP) temporarily but significantly expanded the federal child tax credit (CTC), and child poverty fell from 9.7 percent to...
Tax-wise, conservation easements have been around for decades. They were designed as a tax benefit to encourage the preservation of natural resources, but they’ve also become a popular tax avoidance vehicle. Who benefits most from those tax breaks?
Momentum behind a tax plan drafted by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and Means Committee Chair Jason Smith (R-MO) has...
Under a plan to temporarily expand the child tax credit (CTC), unveiled yesterday by Senate Finance Committee Chair Ron Wyden (D-OR) and House Ways and...
Fast-approaching government shutdown deadlines in Congress are providing renewed momentum for an expansion of the Child Tax Credit (CTC). A targeted CTC expansion would deliver...