ABA comments on proposal to improve accounting in tax credit structures
The American Bankers Association recently submitted comments on a proposal to broaden the availability of the option to apply the ...
Tag: Tax credits
ABA, Trade Groups Express Concerns on OECD ‘Pillar 2’ Minimum Tax Proposal
The American Bankers Association this week joined a coalition of trade groups in a letter to Treasury Secretary Janet Yellen ...
Biden Administration’s ‘Green Book’ Details Tax Proposals
The Biden administration yesterday released its “Green Book,” a document that contains proposed tax changes that the administration will likely ...
ABA Comments on FASB’s Technical Agenda
ABA submitted a comment letter in which it called on FASB to both prioritize their projects on troubled debt restructurings ...
Treasury Expands Paid Leave Tax Credit for COVID-19 Vaccinations
To encourage more Americans to get vaccinated against COVID-19, the Treasury Department today announced that it will allow certain eligible ...
Online Child Tax Credit Tool Available in Spanish
The Internal Revenue Service released a Spanish-language version of its online tool that helps users determine whether they qualify for ...
IRS: Child Tax Credit Recipients Now Able to Submit Direct Deposit Information
Families eligible to receive the expanded child tax credit payments now have the ability to update their bank account information ...
IRS Adds Online Tools to Manage Child Tax Credit Payments
The Internal Revenue Service released two new online tools to help manage monthly Child Tax Credit payments, which were authorized ...
IRS Unveils Online Tool for Non-Filers to Facilitate Monthly Child Tax Credit
The Internal Revenue Service has created a new online tool for families that are normally not required to file an ...
IRS: Families Eligible for Expanded Child Tax Credit Should File Returns Soon
The Internal Revenue Service today urged all individuals and families who have not yet filed their 2019 or 2020 tax ...
