With the near-certain enactment of the Inflation Reduction Act, the Internal Revenue Service is on track for an $80 billion boost to its ten-year budget...
The House is set to consider final passage of the Inflation Reduction Act (IRA) later this week, following months of negotiations over President Biden’s Build Back Better agenda. To help fund the...
On Monday, the Georgia Department of Revenue (DOR) released guidance for unborn children newly eligible for the state’s existing dependent deduction. Making unborn children eligible...
Last week’s surprise budget deal, which includes about $370 billion in measures to combat global climate change, was sealed with improved terms for US oil...
Crypto mining requires a lot of energy. Should crypto miners in the US face heavier regulation of their energy use, pay a tax on their electricity use, or receive tax incentives for using renewable energy?
Recent analysis by the nonpartisan Joint Committee on Taxation (JCT) shows the impact of several tax pieces included in the Inflation Reduction Act (IRA). The...
Senators Pat Toomey (R-PA) and Kyrsten Sinema (D-AZ) have proposed exempting cryptocurrency transactions of $50 or less from capital gains taxes. While it seems like...
