New York Boosts Tax Credit 4x for Volunteer Firefighters
New York just quadrupled its tax credit for volunteer firefighters and EMTs, the first increase in 20 years. The move could help reverse a troubling 33% drop in volunteers statewide.
Tax Credits — Good News & Uplifting Stories
Read the latest positive news, breakthroughs, and inspiring stories about tax credits, curated daily by BrightWire.
17 stories tagged with "Tax Credits"
New York Quadruples Tax Credit for Volunteer Firefighters
New York just made volunteering to save lives a lot more rewarding. Governor Kathy Hochul signed a law that quadruples tax credits for volunteer firefighters and EMTs, jumping from $200 to $800 for individuals.
Solar Panels Get American-Made Frames by 2026
A major solar company is bringing aluminum frame manufacturing home to Tennessee, making it easier for families to save money on clean energy tax credits. The move will create 285 jobs while helping the U.S. build its own solar supply chain.
Hollywood Gets New Tax Credits to Bring Productions Home
California just rolled out expanded film tax credits while federal lawmakers push a bipartisan bill to revive America's struggling entertainment industry. After years of losing productions to other states and countries, Hollywood insiders say these incentives could finally turn things around.
Court Ruling Protects $Billions in Clean Energy Projects
A federal court decision just saved America's clean energy industry from losing billions in tax credits. Solar and wind developers can breathe easier knowing their projects won't face massive government clawbacks.
Hawaii Boosts Film Industry with $60M Tax Credit Expansion
Hawaii just turbocharged its film industry with new tax credits that reward local hiring and welcome streaming productions. The move promises thousands of jobs while putting Hawaiian stories on screens worldwide.
Clean Energy Races to Add $3B in Projects Before July Deadline
Companies announced $3 billion in new clean energy projects creating 7,500 jobs as they rushed to break ground before federal tax credits phase out July 4. Despite the recent surge, cancellations continue to outpace new investments, with $18 billion in projects abandoned so far this year.
Court Restores Clean Energy Tax Credits for Wind and Solar
A federal court just overturned restrictive IRS rules that threatened billions in clean energy projects, restoring a pathway that developers have relied on for over a decade. The ruling protects wind and solar investments already in motion and keeps America's renewable energy transition on track.
Judge Restores Clean Energy Tax Credits for Wind, Solar
A federal judge overturned guidance that threatened thousands of renewable energy projects, reopening a vital pathway for wind and solar farms to qualify for tax credits. The ruling marks a significant win for clean energy developers racing against a July deadline.
Court Restores Tax Break for Clean Energy Projects
A federal court just handed renewable energy developers a major win, ruling the IRS unfairly stripped away a critical tax credit tool for wind and solar projects. The decision could help speed up clean energy construction across America.
Colorado Boosts Clean Energy and Wildfire Tax Credits
Colorado just signed a law that cleans up its tax code while expanding credits for renewable energy, wildfire protection, and local food access. The new law cuts wasteful exemptions to fund programs that help families and small businesses.
Colorado Extends Tax Credits for Childcare and Jobs
Colorado lawmakers just advanced two bills that will funnel millions into affordable childcare and create hundreds of well-paying jobs across the state. The tax credits have already generated $66 million for families and are bringing quantum tech companies and manufacturers to rural communities.