The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...

A NEW timeline for huge changes to Universal Credit and PIP has been revealed. On Tuesday evening, Keir Starmer watered down ...

Property taxes are the biggest share of the city’s revenue, making up 20% of the general fund that’s used to pay for most ...

Homeowners are awaiting the launch of the state’s first year of the Stay NJ property tax benefit. The new tax break cuts ...

According to the plan, the residential clean energy credit, which provides a 30% tax credit for home solar panels, batteries, geothermal heat pumps and more, would expire at the end of 2025.

Many consumer tax credits tied to electric vehicles and home energy efficiency would be wiped out in 2026 as part of a ...

Jun. 19—Federal lawmakers are contemplating changes to energy tax credits that would likely raise energy and electricity costs for Mainers and stall growth in the state's expanding renewable ...

The Senate version would crank down investment and production tax credits for wind and solar power starting in 2026, reducing them to zero by 2028. But the Senate Finance Committee threw a lifeline to ...

Stream Connecticut News for free, 24/7, wherever you are. The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire ...

By comparison, the House-approved bill would boost the top child tax credit to $2,500 from 2025 through 2028. After that, the credit's highest value would drop to $2,000 and be indexed for inflation.

Trump’s bill also calls for the axing of the used EV tax credit by the end of 2025. Crucially, as the bill moves through the Senate, revisions will likely have to be made before it’s approved.

“Energy tax credits have empowered local organizations like ours to be bold, to think big, and to build real partnerships with schools, cities, and community groups,” Dadakis says.