The bill Congress approved Tuesday night providing tax relief for most taxpayers also helps wind energy and ethanol producers by extending tax credits designed to encourage continued development.
A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement in the once-battered housing market.
The Senate’s tax-writing panel is moving to revive dozens of tax breaks for businesses such as biodiesel and wind energy producers, even as the GOP-controlled House trumpets symbolic legislation to erase them and create a new tax code with lower rates and fewer special interest tax breaks.
Published: June 8, 2012
Tags: tax credit
When Josh King heard that small businesses could get a tax credit for offering health insurance to employees, his reaction was, “cool, that’ll save us some money.”
Plexus Corp. says its new $50 million high-tech manufacturing plant in Neenah will create 350 jobs.
Negotiators on Capitol Hill will try to extend a payroll tax cut worth about $1,000 this year for a typical worker through the end of the year. But they remain far apart on how to pay for the extension, and for jobless benefits for millions, without swelling the national debt.
President Barack Obama said Wednesday he wants to reward companies that invest in America and eliminate tax breaks for companies that don’t, and he’s planning new tax proposals to do it.
WAUSAU, Wis. (AP) — A newspaper analysis raises questions about how effective tax credits are in prompting Wisconsin businesses to hire. Gannett Wisconsin Media examined state data over the past five years. It found that 40 percent of Wisconsin businesses that completed tax-credit programs tied to job creation failed to hire as many people as [...]
By Jim Abrams Associated Press Washington — The House Republican agenda this fall will focus on repealing environmental and labor regulations that GOP lawmakers say are driving up the cost of doing business and discouraging employers from hiring new workers. House Majority Leader Eric Cantor, R-Va., said in a memo to his fellow Republicans that [...]
MADISON, Wis. (AP) — If your home is on Wisconsin’s official list of historic houses, you could get a tax credit for fixing it up. The credit is a 25 percent income-tax credit. To be eligible you have to own and live in a historic house. You also have to apply for and receive approval [...]