More IRS funding aids in capturing rich tax evaders

TL/DR - The Inflation Reduction Act of 2022 saw a provision for an $80 billion funding increase for the Internal Revenue Service (IRS), aimed at upgrading the agency's systems and improving tax collection, particularly from wealthy individuals. The enforcement efforts resulted in over $1 billion in revenue from 1,600 delinquent taxpayers who…

Latest Updates on Sports & Jobs by Dr. Dan W. Collins

TL/DR - Dr. Dan W. Collins, a 76-year-old dentist from Negaunee, Michigan, passed away on July 6, 2024. Collins was born in Ishpeming and had a distinguished career as a middle school science teacher, a Community School Director, and a dentist; he was also involved in various community activities and was a dedicated member of his local church. He…

US Tax Break Now Includes Chilean Lithium, ET EnergyWorld Reports

TL/DR - Products made with Chilean-mined lithium, used for electric vehicle batteries, are now eligible for US tax benefits, according to the Chilean government. This is because Chile, the world's largest copper producer and second-largest lithium producer, is eligible for tax breaks laid out in the US Inflation Reduction Act (IRA), which…