H.R.5376 – Inflation Reduction Act of 2022
H.R.5376 _ Inflation Reduction Act of 2022 Summary. It was passed by the senate on 08/07/2022, and became law on 08/18/2022. You can read the summary below: TITLE I--COMMITTEE ON…
TAX TELEGRAMS: WHAT YOU NEED TO KNOW ABOUT THE INFLATION REDUCTION LAW
We have prepared a comprehensive recap from top senior tax and economic correspondents across the country: "Biden's Corporate Tax Hike in 'The Inflation Reduction Act' won't hurt most U.S. companies.…
High inflation will persist into next year, CBO projects
A new report also showed the federal deficit falling this year as covid aid expired The Congressional Budget Office said this week that high inflation is expected to persist for…
American Rescue Plan Act (2021) lowers filing threshold for Form 1099K, Payment Card and Third-Party Network Transactions
New Income Reporting Threshold for Gig Workers The American Rescue Plan Act of 2021 (“the Act”), enacted in March 2021, dramatically lowers the filing threshold for payments required to be…
What’s in the $1.75 trillion Biden budget plan? Taxes, climate, health care, child care.
This is a summary from The Washington Post piece written by Tony Romm, Amy Goldstein, and Dino Grandoni / Published on Thursday, October 28th, 2021: President Joe Biden unveiled on…