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Tax Credit News

  • Minority development firm, ADC land tax credit for $13.5M residential project
    Avondale Development Corp., in partnership with Kingsley + Co. and Fairfield Homes Inc., have been awarded $1 million in 10-year federal housing tax credits from the Ohio Housing Finance Agency for an affordable housing project in Avondale.
    Tom Demeropolis.  American City Business Journals.  Wed, 27 May 2020 16:41:09 +0000.
  • The Employee Retention Tax Credit Helps Keep Workers Working
    The credit is worth up to $5,000 per paid employee for businesses financially harmed by the coronavirus pandemic that continue to keep employees on the payroll.
    Kiplinger.  Tue, 19 May 2020 16:47:00 -0400.
  • Thumbnail for Forbes news item dated Wednesday, 1 Apr 2020 IRS Explains Coronavirus Tax Credit Details, Including Advances
    The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. ...
    By Robert W. Wood, Contributor.  Forbes.  Wed, 1 Apr 2020 15:15:17 +0000.
  • The Tax Credit That Generation Z Should Embrace
    As Gen Z comes of age and enters the workforce, they are beginning their personal finance journey. One of the best ways to motivate them to fund a retirement account, might be a hidden gem of a tax credit.
    By Megan Gorman, Contributor.  Forbes.  Fri, 29 Mar 2019 19:40:00 +0000.
  • Want to get this child tax credit for 2018? Here's how
    If you're sneaking cash payments to your nanny in 2018, you can expect to miss out on this $1,050 tax credit. How to clean up your books and get a break, as well.
    CNBC.  Mon, 10 Dec 2018 15:51 GMT.
  • Get a Tax Reward for Saving for Retirement
    If you sock away money in a retirement plan, you may be eligible for a tax credit from Uncle Sam worth up to $1,000 per person.
    Kiplinger.  Tue, 20 Nov 2018 16:45:06 -0500.

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