Maryland amends local urban agricultural property tax credit
By Carlton Huntley, JD, LLM, Checkpoint News Maryland Governor Wes Moore signed legislation that changes the eligibility criteria and procedures …
Scholarship groups should prepare for compliance now, tax pro says
Organizations hoping to receive contributions that qualify for the new federal scholarship tax credit should build their compliance systems now …
District of Columbia 2027 budget support legislation becomes law
By Denis Del Bene, JD, LL.M., Checkpoint News The “Fiscal Year 2027 Budget Support Act of 2026,” which was sent …
Key 2027 figures calculated by Thomson Reuters Checkpoint based on inflation data now available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These 2027 inflation-adjusted tax numbers are Thomson Reuters …
Senators raise concerns about potential misuse of alternative fuel excise tax credit
A group of Democratic senators has asked the Treasury Inspector General for Tax Administration (TIGTA) to investigate the IRS’ legal …
Benefits of CTC Expansion Bill Vary by Family Type, Analysts Find
A Tax Policy Center (TPC) analysis of the proposed Family First Act (FFA) finds the legislation would reduce taxes for …
Bill Seeks Earned Income Tax Credit Boost per Child for Working Parents
Representative Kristen McDonald Rivet (D-MI) introduced legislation that would expand the Earned Income Tax Credit (EITC) to provide working parents …
What OBBB Means for Your Clients’ Itemized Deductions
Practitioner’s Tax Action Bulletin® February 2, 2026 The 2025 Act (also referred to as the One Big Beautiful Bill or …
New Jersey Adopts Additional Amendments to Film and Digital Tax Credit Regulations
By David Engel CPA, Checkpoint News The New Jersey Economic Development Agency (NJEDA) has adopted additional amendments to the film …
Tax Credit Experts Urge Businesses to Model Strategies, Risks Now
Baker Tilly experts outlined key tax strategies for individuals and businesses navigating changes enacted by the One Big Beautiful Bill …