New York hush money case verdict: Donald Trump found guilty

TL/DR - A New York jury has found former U.S. President Donald Trump guilty on 34 felony charges of falsifying business records connected to a hush money payment made by his former lawyer, Michael Cohen, to adult film star Stormy Daniels during the 2016 presidential election. This is a historic first conviction of a crime for a former U.S.…

Fentanyl-Laced Drugs Spike Overdose Deaths: Alarming Crisis

TL/DR - Amanda Nickelson, a mother from Michigan, died after unknowingly taking fentanyl, leaving her family devastated and the alleged drug dealer facing potential life imprisonment. The incident highlights the ongoing opioid crisis in the country, where tens of thousands of people die each year from fentanyl. Recent reports have shown a drop in…

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…

U.S. Treasury Suggests Guidelines for Clean Energy Tax Credits

TL/DR - The U.S. Department of the Treasury and Internal Revenue Service (IRS) have proposed guidelines for the Clean Electricity Production Credit and Clean Electricity Investment Credit, which aim to provide clarity for clean electricity project developers. This aims to support energy production, security, job creation, and the administration’s…