IRS Suggests Rules for Stock Buyback Excise Tax

TL/DR - The US Treasury Department and the IRS have issued proposed rules providing guidance on the Inflation Reduction Act’s 1% excise tax on corporate stock repurchases or buybacks. The Inflation Reduction Act of 2022 imposes this tax on stock repurchases by publicly traded domestic corporations and their specified affiliates. The proposed…

Dils Lee’s Impressive 24kg Weight Loss: Effective Slimming Tips

Impressive Weight Loss Transformation of an Australian Woman Discover the inspiring weight loss journey of an Australian woman who managed to shed an impressive 24kg, transforming not just her body, but also her life. In July 2023, Dils Lee was at her heaviest weight, tipping the scales at 87kg and wearing size 16 clothing. At 28, she shares…

Federal Probe into Sentara’s Insurance Division

TL/DR - Sentara Health Plans, previously known as Optima Health, is under investigation by the U.S. government over allegations that it misleadingly increased premiums in Virginia in 2018 and 2019. The suspect increases occurred after Anthem Blue Cross Blue Shield withdrew from the 2018 Affordable Care Act marketplace, leaving Sentara as the sole…

Biden Claims Trump Poses Greatest Danger to US Democracy

TL/DR - President Joe Biden has stated in an interview that he sees Donald Trump as the biggest threat to democracy in the U.S. Biden cited Trump's actions during the Capitol riot on January 6, 2021, and his calls for the release of the individuals involved in the attack. Both Biden and Trump have used the events of January 6 to make their case…