New federal tax credit questions? Submit by Dec. 26
The U.S. Department of the Treasury and the Internal Revenue Service have issued this 21-page Notice 2025-70, requesting comments on the implementation of a “tax credit for contributions of individuals to scholarship granting organizations,” included in Sec. 70411 of the federal budget reconciliation bill. The bill was signed into law by President Donald Trump on July 4, 2025.… The post Do you have questions about the new federal tax credit? Let the federal government know by Dec. 26 appeared first on EdNC.