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News
IRS extends safe harbor for carbon capture tax credit
2+ hour, 40+ min ago (282+ words) Notice 2026-50, which the IRS and the Treasury issued last week, provides interim guidance, pending the issuance of regulations, relating to the credit for carbon oxide sequestration under Section 45Q of the Internal Revenue Code to reflect the Environmental Protection Agency's proposed…...
State Farm is sending a $5B rebate to customers. Are you on the list?
8+ hour, 26+ min ago (271+ words) State Farm's auto insurance company has begun sending its customers rebate checks as part of a $5 billion "cash-back dividend," the company said. It is a one-time payment due to "State Farm Mutual’s financial strength and a stronger than expected underwriting…...
6 Tax Credits Every Parent Should Know Ahead of Time for Tax Year 2026 - AOL
5+ day, 3+ hour ago (740+ words) Get more from AOL Protection, support, and more. Pick what works for you. It’s never too soon to start thinking about tax year 2026. The more parents know about available tax credits, the more opportunities for a lower tax bill. Most…...
Platte County Homestead Property Tax Credit: What homeowners need to know
5+ day, 20+ hour ago (26+ words) KSHB 41 Kansas City Platte County Homestead Property Tax Credit: What homeowners need to know...
Service Tax Demand Cannot Go Beyond Show-Cause Notice: CESTAT Delhi
5+ day, 16+ hour ago (436+ words) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi, has reiterated that adjudicating and appellate authorities cannot confirm a service tax demand under a category different from the one specified in the show-cause notice. The assessee must be put…...
CESTAT Allows 12% Interest on Refund of Service Tax Paid by Mistake of Fact
5+ day, 15+ hour ago (841+ words) The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad Regional Bench, has held that an assessee is entitled to interest at 12% on the refund of an amount paid as Service Tax by mistake of fact, directing that such interest be…...
Low-Income Homeowner Assistance Grant Opens to All Eligible Homeowners
6+ day, 9+ hour ago (207+ words) The Guilford County Low-Income Homeowner Assistance Grant will be available for all eligible homeowners starting Sunday, Aug. 16. The grant first opened to residents ages 65 and older on Wednesday, July 15. From Sunday, Aug. 16 to Saturday, Oct. 31, qualifying residents will be able…...
Platte County rolls out property tax credit program
6+ day, 17+ hour ago (20+ words) KSHB 41 Kansas City Platte County rolls out property tax credit program...
What is Child Tax Credit? IRS confirms up to $1,700 in ACTC refunds - Check age, residency and income eligibility
1+ week, 21+ hour ago (119+ words) The Child Tax Credit provides families with a benefit of up to $2,200 for each child. Part of this credit might be refundable via the Additional Child Tax Credit. To be eligible, families typically need to show a minimum of $2,500 in…...
Parents, Don't Miss These Tax Benefits When Paying for College
1+ week, 1+ day ago (721+ words) Sending your child to college brings a mix of pride, excitement and financial anxiety. As tuition bills arrive, parents scramble to piece together savings, scholarships and student loans. In the chaos of moving boxes and campus tours, tax planning often…...