Tax season is about to start. The IRS is still grappling with refund delays, tax advocate says.
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.
Ludlow Solar Project gets $2.3 million from Inflation Reduction Act
The Massachusetts Municipal Wholesale Electric Co. received $2.3 million from a clean energy tax credit program included in ...
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.
Medicare out-of-pocket cap on prescriptions takes effect
More than 70,000 seniors in Washington state will save hundreds or thousands of dollars each year thanks to the new annual cap on out-of-pocket prescription drug costs for folks on Medicare Part D, ...
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Treasury Department, IRS Release Sections 45Y, 48E Tech-Neutral PTC and ITC Final Regulations
The U.S. Department of the Treasury and IRS on Jan. 7, 2025, released final regulations regarding the clean electricity production tax credit ...
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New federal clean energy rebates are in limbo for residents of Pa., Del., and N.J.
Federal funding is still pending for 21 states, as Biden’s term nears its end. The rebates can cover heat pumps, electric ...
Medicare caps seniors drug expenses: What you need to know
Medicare recipients who take expensive prescriptions will get a break this year with a $2,000 cap on drug costs.
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
In the lead-up to the November election, Donald Trump threatened to “ terminate” President Biden’s signature climate law, the ...