Browsing: Tax credits

Newsbytes White House outlines proposed tax changes

Accompanying President Biden’s fiscal year 2024 budget, the administration this week released its “Green Book,” which includes proposed tax changes likely to be pursued in the coming year along with supplements to the announced budget.

Newsbytes

To encourage more Americans to get vaccinated against COVID-19, the Treasury Department today announced that it will allow certain eligible employers to claim tax credits for providing paid time off to employees to take a family or household member or certain other individuals to get vaccinated, or to care for a family or household member or certain other individuals recovering from the vaccination.

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