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Alaskans, Others May Soon Lose Free Tax Help
"Trump and Musk look to cut IRS workforce and budget. Amid the cuts, a cost-effective tax service emerges:…
“Reflecting on Top Personal Finance Trends in 2024: Economic Growth,…
Reflecting on 2024 in personal finance, consumers turned out resilient despite high inflation and interest rates. A…
Income Tax Return Filings Double Over Decade, Reflecting Enhanced Tax Compliance
Income tax return filings have doubled in the past decade, reflecting enhanced tax compliance and a broadened tax base in India.
IRS Announces $1B in Overdue Collections from Wealthy, Praises Funding
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The IRS has collected $1 billion from millionaires who owe back taxes, targeting approximately 1,600…
Claiming Tax Credits for Clean Energy Under Inflation Reduction Act
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The U.S. Department of the Treasury and the Internal Revenue Service released Proposed Regulations on…
Cruz’s Bill Targets Repeal of Dems’ Natural Gas Tax
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Senator Ted Cruz is introducing a bill to repeal the 'natural gas tax' in the Inflation Reduction Act (IRA), which allows the Environmental Protection Agency to impose fines on energy companies that emit more methane than permitted. The bill is supported by several organizations, including the Independent Petroleum Producers of America…
Inflation Reduction Act alters affordable housing scene
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The Inflation Reduction Act is promoting broader participation in affordable housing and a renewed focus…
Crowell Discusses Inflation Reduction Act Updates (VIDEO) – Tax Authorities
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The article features a discussion between tax partners Christine Lane and Carina Federico over recent…
Will governments decipher Inflation Reduction Act tax credits?
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The Inflation Reduction Act (IRA) has allowed governments to access tax credits for the first time, aimed at funding clean energy and other green projects. Consequently, the U.S. Treasury has introduced the "direct pay" program, enabling tax-exempt organizations such as local, state, and tribal governments to be paid directly once a…