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Wednesday, November 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: tax credit

GM fights to retain key tax credit amid plant closing plans

General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker tries to deal with the political fallout triggered by its plans to …

Steven Curtis Chapman and Mary Beth Chapman: End of adoption credit would be devastating

Losing the adoption tax credit, a vital and practical approach to overcoming the financial cost that prohibits many families from adopting, would be catastrophic for thousands of American parents.

Private school tax credit surprises, riles some in Illinois

Democratic-leaning Illinois is the latest state to direct taxpayer money to private schools, a development that’s caught some by surprise and brought condemnation from politically powerful teacher unions and Democrats …

Budget, tax credits lead agendas of region’s lawmakers

WASHINGTON – With just under a month left in 2011, the federal budget and tax breaks top Inland Northwest lawmakers’ year-end to-do lists. Three of 12 appropriations bills are on …

Tax credit of $6,500 not likely to motivate people to switch homes

When President Barack Obama signed into law the Worker, Homeownership, and Business Assistance Act of 2009, it extended the $8,000 first-time home buyer tax credit as well as offering a …

Millions will have to repay part of tax credit

More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama’s tax break that was designed to …

Senate likely to extend homebuyer credit

WASHINGTON – Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. The tax credit provides up to …

Tax season brings changes worth considering

It’s not yet the last minute, but tax season has more than arrived. While every year brings changes in the tax code, there’s even more to keep up with for …