Credits provide a dollar-for-dollar reduction in the amount of taxes you owe. Some tax credits are refundable, meaning you can be paid for the value of the credit even if it exceeds your tax ...
The Internal Revenue Service made black liquor qualify for an alternative fuel credit when mixed with diesel and used to power paper plants. The IRS paid out some $7 billion in credits in 2009 ...
In 2025, expect potential IRS tax refund delays due to stricter rules and errors. Delays may occur with EITC, CTC, paper ...
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