$80 Billion Boost Propels IRS Digital Overhaul Amid Call Center Woes and Legislative Battles IRS Modernizes with $80 Billion Boost: Digitized Tax Forms, New Auditors, and Direct File Controversy The IRS is digitizing the U.S. tax system after an $80 billion boost from the 2022 Inflation Reduction Act, according to the published article of THE … Read more
Democratic Senators Urge Janet Yellen to Relax Hydrogen Energy Tax Credit Rules Senators Call for Flexible Hydrogen Energy Tax Credits Amid Investment Concerns In a move to bolster the burgeoning hydrogen energy sector thirteen Democratic senators have urged Treasury Secretary Janet Yellen to relax federal tax credit rules in a letter this week, according to … Read more
Senators Propose Ban on Stock Trading by Congress and President in Ethics Reform Push Bipartisan Proposal Aims to Ban Stock Trading by Government Officials Amid Accountability Push In a bipartisan effort aimed at enhancing transparency and ethics in government Senators Jon Ossoff, Gary Peters, Josh Hawley and Jeff Merkley have introduced a new legislative proposal … Read more
Internet Providers Extend Discounted Plans for 23 Million Households as ACP Ends Internet Providers Commit to Affordable Plans Through 2024 Amid Federal Subsidy Cuts In a significant move to support low-income households more than a dozen internet service providers including major companies like AT&T, Comcast, Cox, Spectrum and Verizon have agreed to continue offering discounted … Read more
Biden Administration Grants Two-Year Exemption for EV Tax Credits, Stirring Debate Flexibility for Automakers: Biden Administration’s EV Tax Credit Exemption Sparks Controversy In a move aimed at providing flexibility for automakers the Biden administration has granted a two-year exemption to certain provisions of the 2022 Inflation Reduction Act regarding electric vehicle (EV) tax credits, according … Read more