Crowell Discusses Inflation Reduction Act Updates (VIDEO) – Tax Authorities

TL/DR - The article features a discussion between tax partners Christine Lane and Carina Federico over recent developments with the Inflation Reduction Act. Key takeaways from the discussion include topics such as the monetization of tax credits, unpacking bonus credits, timeline of finalized transferability regulations, and the importance of…

Inflation Reduction Act’s Impact on Pharma’s Future

TL/DR - The Inflation Reduction Act (IRA) is set to change how Medicare negotiates drug prices, potentially saving around $300 billion in Medicare drug costs over the next decade, but may also cause a reduction in revenues for the biopharma industry by about $75 billion. Another layer of complexity is added by the introduction of the Ensuring…

Congress Subpoenas Cuomo over COVID Nursing Home Investigations

TL/DR - The House subcommittee investigating the US response to the coronavirus pandemic subpoenaed former New York Gov. Andrew Cuomo about his administration's handling of nursing homes during the pandemic. The subcommittee is specifically focused on a controversial directive from Cuomo's administration that instructed nursing homes to admit…

Luxury Gym Patrons Frustrated by Persistent Elevator Issues

Problems at Luxurious Gyms: Broken Elevator Woes Are you a member of a high-end gym, expecting top-notch services and facilities? Imagine your surprise when you encounter a broken elevator at your swanky gym, causing long lines and class cancellations. That's exactly what's occurring at Equinox Printing House in NYC, leading to frustrated…