Treasury Guidance Provides New Clarity for Federal Education Freedom Tax Credit
Colorado Springs, Colorado--(Newsfile Corp. - October 1, 2026) - The U.S. Department of the Treasury and Internal Revenue Service (IRS) today released proposed and temporary regulations providing significant new guidance to implement the federal Education Freedom Tax Credit (EFTC), scheduled to launch Jan. 1, 2027. The temporary regulations go into immediate effect. The federal program will allow individual taxpayers to receive a nonrefundable, dollar-for-dollar federal income tax credit of up...