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US Economy

$39.6M Open for Home Energy Efficiency Improvements

TL/DR - The New York State Energy Research and Development Authority (NYSERDA) has $39.6 million available for home energy efficiency upgrades. The funding is part of the Clean Energy Action Plan which aims to reduce greenhouse gas emissions and energy costs for residents. Homeowners can apply for the grants through NYSERDA’s EmPower and Assisted…
US Economy

NY Debuts Home Electrification Rebate for Low-Income Families

TL/DR - New York State has become the first in the U.S to offer the initial phase of the Inflation Reduction Act (IRA) Home Electrification and Appliance Rebates (HEAR) Program funding to consumers. The initial $39.6 million grant will extend New York’s EmPower+ program, enabling more low-income families to make their homes more energy-efficient…
Arizona

IRS Makes Free Tax Return Program Permanent, Invites States for 2025

TL/DR - The IRS has revealed plans to make the free electronic tax return filing system, which was trialed in 2024, a permanent feature. The agency has invited all states with a state income tax to join the program and assist people in filing their state returns for free from 2025. The Direct File project, which was initially funded by the…
US Economy

Business groups to support Biden’s climate law despite past resistance

TL/DR - The U.S. Chamber of Commerce and the American Petroleum Institute, both influential business lobby groups, are ready to support some parts of President Biden's climate law, specifically the Inflation Reduction Act, if Republicans regain the presidency. They now back the provisions of the act that offer tax breaks for clean energy…