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Politics
1.6 Million Taxpayers Are Getting $1.2 Billion in Pandemic-related Refunds. Covidtax Relief!
The Internal Revenue Service today released Notice 2022-36, which exempts the majority of individuals and organizations who file specific 2019 or 2020 forms late from penalties to assist struggling taxpayers impacted by the COVID-19…
Are the Taxpayers Better Off With an Additional $80 Billion for the IRS?
When the Inflation Reduction Act was signed into law earlier this month by President Biden, the large investment in renewable energy and provisions to cut prescription prices were what garnered the majority of the attention from the media.…
IRS Handling of Foreign Bank Registration is Criticized in a Senate Report
The IRS's handling of foreign banks registered under the laws that control how American persons and business entities can own foreign assets has come under sharp criticism in a Senate report on a type of tax evasion released on Wednesday.…
Many People Who Do Not Have Medicare Are Also Helped by a New Federal Law
The climate change mitigation measures of the President Joe Biden-signed Inflation Reduction Act have drawn a lot of attention, as have the ways it would keep medication costs for Medicare-eligible seniors down.
The act's impact on 14.5…
Barr’s Memo Explains Why Trump Won’t Be Punished for Obstruction
According to a recently released, redacted memo from the Justice Department, former Attorney General Bill Barr disagreed with special counsel Robert Mueller's assessment of the matter and came to the conclusion that then-President Donald…
A Reader From Illinois Who is Concerned About the Status of American Politics Has “No…
My mother would yell out "No words!" after making an insight that was so profound that it was impossible to adequately describe it in words.
This was a response to something that I had done when I was younger in the majority of instances,…
Biden Holds a Midterm Rally in Democratic-leaning Maryland
75 days before the midterm elections, Vice President Joe Biden will preside over a launch rally to strengthen the chances of the Democratic Party. This rally will take place on Thursday.
The event will be organized to achieve the…
US Responds to Eu’s Request to Save Iran Nuclear Deal
The European Union has submitted a plan to try and rescue the Iran nuclear deal, and the US has responded to it, the US State Department revealed on Wednesday.
"As you are aware, the EU submitted the final text proposal to us along with…