A legal battle is heating up over whether FedEx should get an $84 million tax break. Two business groups say the government is overstepping its power by trying to block the credit. They argue a lower court already decided FedEx qualifies for the money based on taxes paid by its overseas branches. T
The U. S. Department of Education is pushing a new tax‑credit plan that lets parents donate money for their children’s education and then receive up to $1, 700 back on their taxes. The idea is that the money will go into scholarship programs so kids can choose schools or extra services. The plan wa
A new federal tax credit will let people give money to nonprofit scholarship groups and get back up to $1, 700 in taxes. The credit is aimed at helping kids in K‑12 with tuition, tutoring, special services, transport and tech. It starts in the 2027 tax year. But the credit only works if a state say
Pennsylvania’s tax board has decided to rework some taxpayers’ records after a conflict over credits for taxes paid in Delaware. The issue began when the state’s Department of Revenue rejected the resident credit that several people claimed on their 2023 income returns. These taxpayers earned
The new federal tax bill offers a $1, 700 credit for people who give money to groups that hand out scholarships. Minnesota can choose to adopt the rule, but only if it wants its residents to benefit from it. House Republicans have pushed the state to sign up, threatening to pull back support for bu
The upcoming Fox reboot of “Baywatch” will be one of the few big‑budget shows that actually shoots on the West Coast this year. Its scenes will be filmed along Venice Beach and inside Fox Studios, a sharp contrast to the trend of productions moving away from Los Angeles. The shift is part of a larg
A prominent senator is raising eyebrows and asking tough questions. Ron Wyden, a key figure in the Senate, is not happy. He wants the SEC to take a closer look at a company called White River Energy Corp. Why? Because there are serious doubts about the tax credits they're selling. The issue is simp
The U. S. government has just started a new program to help kids go to better schools. This program is called the education freedom tax credit. It lets people give money to special accounts that help families pay for different kinds of schools. These schools can be private, religious, charter, or ev
New York is stepping up to give families a financial boost. Starting in 2026, more families can get money back through the Empire State Child Credit. This isn't just a small change; it's a big deal. Before, only certain families could get this help. Now, the rules are changing to include more people
Tax season can be a headache for small business owners. It's not just about filling out forms. It's about understanding how taxes impact the health of a business. Many small businesses struggle to survive, and taxes play a big role in that. Small businesses make up a huge part of the U. S. economy.
