WASHINGTON — The United States is on track to add nearly $19 trillion to its national debt over the next decade, $3 trillion more than previously forecast, the result of […]
Tax Credits, Deductions and Exemptions
Trending topics and news from the Tax Credits, Deductions and Exemptions category
Back to news homeElectric Vehicles Could Match Gasoline Cars on Price This Year
Declines in new car prices are pushing down used electric vehicle prices, too. They have fallen 17 percent since July, according to Recurrent, which tracks the used car market. That’s […]
Black Americans Are Much More Likely to Face Tax Audits, Study Finds
WASHINGTON — Black taxpayers are at least three times as likely to be audited by the Internal Revenue Service as other taxpayers, even after accounting for the differences in the […]
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar
WASHINGTON — Efforts to mitigate climate change are prompting countries across the world to embrace dramatically different policies toward industry and trade, bringing governments into conflict.These new clashes over climate […]
Your Tax Refunds May Be Smaller This Year
Filers may want to have their returns prepared early in the filing season, so they can adjust their budget if their refund falls short of expectations. “Knowing where you stand […]
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
The climate and tax bill President Biden signed in August to increase the use of green energy and electric cars while expanding domestic manufacturing appears to be yielding some results.A […]
U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
In September, the chip giant Intel gathered officials at a patch of land near Columbus, Ohio, where it pledged to invest at least $20 billion in two new factories to […]
Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
“We’re weaning our entire society off of fossil and carbon-intensive fuels — we can’t underestimate the scale of that challenge,” said Gavin Harper, a research fellow at the University of […]
Biden’s Meeting With Macron Comes Amid Rising Trans-Atlantic Tensions
Officials “think there is space here for Europe and others, frankly, to take similar steps,” a senior administration official told reporters this week in a background briefing previewing Mr. Macron’s […]
How a Lobbying Blitz Made Sports Betting Ubiquitous
The association’s consultants predicted, for example, that Virginia could expect to collect an extra $57 million a year in tax revenue if it legalized mobile sports betting and applied a […]