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Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.
Biden team offers nuclear path to hydrogen tax credit
The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of what it calls clean hydrogen if the credits help prevent reactors from retiring.
Finalized tax credit for cleaner hydrogen gets a cautious OK from some environmental groups
The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen.
Treasury releases final rules for clean hydrogen production tax credit
The U.S. Department of the Treasury and Internal Revenue Service released final rules for the section 45V Clean Hydrogen Production Tax Credit
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.
Biden eases rules for hydrogen tax credits worth billions
The Biden administration loosened some safeguards on a tax credit worth billions of dollars for production of so-called clean hydrogen, Bloomberg reported Friday. The tax credit created by the Inflation Reduction Act,
6h
on MSN
The tax that's stopping older homeowners from selling their valuable properties
Some homeowners who've seen their home values soar are concerned a federal capital-gains tax on home sales will eat into ...
1d
on MSN
10 policies Republicans could use to pay for new tax cuts
Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...
1d
on MSN
Will the limits on state and local tax deductions finally be ended in 2025? Trump says yes
The $10,000 per federal income tax return cap on the deductions, called SALT, was imposed in 2017 as part of the sweeping ...
1d
on MSN
States Announce Major 2025 Tax Changes: What It Means for Your Money
Louisiana has a new income tax. It is a single-rate individual income tax of 3%, along with a higher $12,500 standard ...
1d
Child Tax Credit 2024-2025: How much is it and who qualifies
For those claiming dependents, The Child Tax Credit is an integral policy for families that may help save you thousands.
Opinion
6h
Opinion
Initiative results had yet one more lesson for us: Tax the rich
The results demonstrated that voters across Washington highly value public services and are willing to require that the ...
1d
on MSN
Tax season 2025: When you can start filing taxes, and when taxes are due
The calendar has flipped to 2025, and Americans will soon be tasked with filing their tax returns for the previous year.
3h
on MSN
Iowans to see more money in their pockets as new 3.8% flat tax rate goes into effect
Iowa's getting rid of its income tax brackets, so instead of 2024's 4.4% to 5.7%, Iowans will now start paying a flat tax rate of 3.8%."All of the things we've ...
18h
on MSN
Council proposes maximum tax hike to raise funds
A local authority said it planned to increase council tax by the maximum amount to help make £115.6m in savings and income ...
8h
on MSN
Map Shows 9 States Where Income Tax Is Cut For 2025
Newsweek contacted the Tax Foundation for comment by email on Friday. Why It Matters. Income tax cuts are expected to be ...
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