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Australian Federal Budget 2024-2025 - Key Tax Measures and Instant Insights
The National Law Review· 14 hours agoIn a measure to compete with the US Inflation Reduction Act advanced manufacturing tax credit, the...
Biden’s clean energy tax credits likely to remain ‘law of the land’: Brainard
Digital Journal· 4 days agoMost of Joe Biden’s clean energy tax credits are now law and are unlikely to be reversed by Donald Trump if he wins November’s presidential election, a senior administration ...
From the Tax Law Offices of David W. Klasing - IRS Enforcement Initiatives Focus on Large...
FOX 5 San Diego· 19 hours agoAs of 2024, the IRS is working hard to make sure that wealthy individuals, big corporations, and complicated partnerships pay their fair share of taxes. With help from the Inflation ...
FACT SHEET: President Biden’s Investing in America Agenda is Helping American Families Across the...
The White House· 2 days agoPresident Biden’s Inflation Reduction Act, the largest-ever investment in clean energy and climate...
South Korea welcomes US decision to extend use of Chinese graphite in EVs
Reuters via Yahoo Finance· 7 days agoThe U.S. is trying to wean the electric vehicle battery chain away from China through its Inflation ...
Green transition is stitched into the tax code: White House economist
The Hill via Yahoo Finance· 4 days agoWhite House Council of Economic Advisers Chair Lael Brainard dismissed the notion that Republicans...
IRS Publishes Final Regulations for Transfer of Certain Credits | JD Supra
JD Supra· 7 days agoThe Inflation Reduction Act of 2022 added Section 6418 to the Internal Revenue Code (the “Code”) to allow taxpayers to sell certain Federal ...
Treasury and IRS Issue Additional Guidance on Section 40B Sustainable Aviation Fuel Tax Credit | JD...
JD Supra· 5 days agoSection 40B of the Internal Revenue Code of 1986 (the “Code”) enacted by the Inflation Reduction Act of 2022 (the “IRA”) provides tax credits for each...
Tax Exempt Entities May be Eligible to Receive Direct Cash Payments of Tax Credits | JD Supra
JD Supra· 2 days agoSection 6417 of the Internal Revenue Code was added by the Inflation Reduction Act of 2022 (IRA). The section provides that eligible taxpayers may...
Editorial: The IRS gets back on its feet. Time to crack down on wealthy cheaters.
Chicago Tribune· 2 days agoThe IRS is preparing to increase audits by more than 50% on taxpayers with incomes of more than $10...
