The Biden administration loosened some stringent safeguards on a tax credit worth billions of dollars for hydrogen production, after companies argued the rules would stifle domestic manufacturing of the fuel.

Trump's package of tax cuts and tweaks from 2017 is set to expire this year. Here's what that means for you.

The eleventh-hour rules come just over two weeks before President-elect Donald Trump again takes office. He is expected to try to roll back green tax credits and cancel unspent funding issued during the Biden administration.

The Internal Revenue Service said Friday that one million taxpayers are set to receive about $2.4 billion in stimulus checks in the coming weeks.

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.

Hydrogen Tax Credits Backing Nuclear Power The Biden administration has unveiled new regulations that clarify tax credit eligibility for hydrogen production, a

About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up to $1,400.

Check your mail — you might be receiving a stimulus payment of up to $1,400, according to the Internal Revenue Service.

The Biden administration said on Friday portions of nuclear power plants will be able to secure tax credits to produce clean hydrogen if the credits help to prevent reactors from retiring.

The Social Security Fairness Act is expected to be signed Monday, according to advocates for police and firefighters.

With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

The Biden administration released long-awaited final rules Friday for a tax credit that will send billions of dollars to producers of cleaner hydrogen.