The Inflation Reduction Act (IRA), the landmark climate law passed in 2022, offers energy‐related subsidies for a variety of activities. Many of the IRA’s energy subsidies, such as tax credits for electric vehicles and green hydrogen production, are slated […]
The U.S. Department of the Treasury and the IRS issued final rules on Thursday for the tax credit transferability mechanism included in the Inflation Reduction Act, offering clarity to the already active tax credit market. “Until the […]
Congressional leaders have announced a deal to fund the federal government in advance of a weekend deadline, but they will need to act quickly to avoid a partial shutdown. House Speaker Mike Johnson said a text of […]
Fresh off his felony indictment for gun charges, Hunter Biden is suing the IRS, alleging that agents have “targeted and sought to embarrass” him. Yes, the same Hunter who tried to deduct hookers from his […]
Authored by Savannah Hulsey Pointer via The Epoch Times (emphasis ours), The Internal Revenue Service (IRS) has flagged over 1 million 2022 tax returns for additional review over potential identity fraud, according to a recent […]
Authored by James Bovard,. The Internal Revenue Service is perhaps the ultimate sacred cow in Washington. It is the “goose that lays the golden eggs” for the city’s power and prestige, delivering trillions of dollars […]
Millions of Americans could face a “refund shock” when they file their taxes next year because a number of pandemic-related programs are set to expire or have expired, said an analyst. Blank Social Security […]
The Internal Revenue Service is warning Americans that they need to prepare to report transactions of at least $600 per year through ‘third-party’ payment processors such as Venmo and PayPal. In a notice posted Tuesday […]
William Henck, a former Internal Revenue Service (IRS) lawyer who was forced out after making allegations of internal malfeasance, said the government will target middle-income Americans with new audits under the Inflation Reduction Act. Henck, […]
While writing this article regarding the Inflation Reduction bill, I was faced with the dilemma of which side is actually correct. News channels seem to flip flop on their beliefs, making it ever harder to […]
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