Gurgaon: The anti-evasion wing of CGST arrested two persons on Wednesday in connection with a fraudulent claim of input tax credit (ITC). The companies were engaged in paper trading to cheat the ...

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But taxpayers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit will need to wait a bit longer. “By law, we can’t issue EITC or ACTC refunds before mid-February ...

It's also worth noting that the vehicle must be purchased for "original use" to qualify for the federal tax credit, meaning that it is for the taxpayer's use. You cannot buy the vehicle and then ...

The Additional Child Tax Credit (ACTC) is the refundable portion of the Child Tax Credit, but only if you claim it. What Is the Additional Child Tax Credit? The Additional Child Tax Credit (ACTC ...

Federal EV tax credits in 2024 top out at $7,500 if you're buying a new car and $4,000 if you're buying a used car, while the bank or the automaker's finance company can take a $7,500 tax credit ...

The Indiana Senate unanimously advanced a bill last week to create an income tax credit for families with new children. Under Senate Bill 497, most families would be eligible for a $500 ...