Browsing Tag

politics

2024 Election Outcome May Determine IRS’s Fate

TL/DR - The US Internal Revenue Service (IRS) is under scrutiny by Congress with disagreements on its handling of a multibillion-dollar investment. The Republicans argue that the IRS has failed taxpayers and wasted parts of the $80 billion investment Democrats pushed through in the Inflation Reduction Act. However, the Democrats acknowledge the…

Nevada Democratic & GOP Presidential Primary Elections

TL/DR - National polls show incumbent President Joe Biden trailing Donald Trump more often than leading him in the run-up to the 2024 election. Biden's easiest path to reelection appears to be through the Great Lakes region; recent polls show that he and Trump are tied in Wisconsin, a state Biden won by less than a point in 2020. These polls are…

Senate Democrats’ Struggle to Maintain Majority in November

TL/DR - Senate Democrats face a difficult challenge in the upcoming November elections as they attempt to retain their slim majority. They will have to defend 22 incumbent seats, a significant number of which are in Republican-leaning states, while also reckoning with the loss of West Virginia Senator Joe Manchin, who retired last year. The…

IRS Launches Free Direct File System for 2024 Tax Season

TL/DR - The IRS will open a free, online filing system for some Americans for the 2022 tax season as part of an experimental pilot program. The Direct File system will be available to residents in 12 states who have income from an employer or unemployment compensation, Social Security benefits, and interest of $1,500 or less, but is not an option…