The U.S. Department of the Treasury and IRS on Jan. 10, 2025, released initial guidance regarding the production tax credit (PTC) for clean ...

The root of the U.S.’s high prescription drug prices lies in its unique system, which allows pharmaceutical manufacturers to ...

IRA has unintended consequences on investment landscape for small- and large-molecule drugs stifling the development of new ...

Donald Trump is withholding of federal funds from Joe Biden's Inflation Reduction Act even though his oil and gas donors have ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

To save taxpayer money and rebuild the economy, Congress should repeal Biden's poorly named Inflation Reduction Act ...

President Donald Trump floated moving the thousands of IRS agents hired under the Biden administration to the southern border to help patrol the area.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...

Amid a flurry of executive actions upon his inauguration Monday, US President Donald Trump took aim at the subsidies in the Inflation Reduction Act (IRA), a massive congressional spending package ...

They want to upgrade their electric from 100 amps to 200 amps for a solar-powered heating and cooling system, wondering if part of the cost can be written off under the $500 billion U.S. Inflation ...

In October, the Internal Revenue Service shared important updates to different areas of the tax code including but not limited to tax brackets, standard deduction, and credit programs. Many Americans ...