Majority Leader Thune working to maintain a majority to pass the legislation in the upper chamber. The “Big, Beautiful Bill” being negotiated by Congress was sent to the…
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President Issues Proclamation for Father’s Day
President Trump said, “Whether by birth, adoption, or father figures, America’s dads help shape the character and future of our Nation.“ President Donald Trump released the following proclamation…
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President Proposes Savings Plans to Encourage U.S. Births
CEOs attended a roundtable to support a seed index of $1,000 for each newborn if “Big, Beautiful Bill” passes. President Donald Trump proposed a savings account plan for…
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House Passes President’s Legislative Agenda Bill
Last-minute negotiations satisfied members with regard to SALT deduction caps and the Medicaid work requirement deadline. The House of Representatives narrowly passed President Donald Trump’s “One Big, Beautiful…
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House Majority Addresses Tax Policies in Reconciliation
The proposal includes no tax on tips and remittance tax for dollars flowing out of the country. The House majority released their massive budgetary proposal on Monday, outlining…
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Energy Secretary Discusses Clean Energy and Global Warming
He says there is no true clean energy as all energy production involves a trade-off. U.S. Secretary of Energy Chris Wright spoke on Earth Day about the need…
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House Speaker Says IRA Repeal Is Between “Scalpel” and “Sledgehammer”
Total repeal is unlikely, but the majority is considering significant changes. Speaker of the House Mike Johnson said that his party will not revoke the entire Inflation Reduction…
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IRS Releases Final Rules for Hydrogen Production Tax Credit
Clarifies wage and apprenticeship standards for Regional Clean Hydrogen Hubs program participants. The Internal Revenue Service (IRS) released its final rules for its Clean Hydrogen Production Tax Credit,…
Read MoreIRS Releases Guidances for Clean Energy Tax Credits
Expands program to include co-owned and co-invested projects. The Internal Revenue Service (IRS) recently finalized its expansion to clean energy tax credits, allowing co-owners and co-investors in clean…
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IRS Outlines Inflation-Adjusted Deductions for 2025 Tax Year
The standard deduction rises up to $15,000 for single and $30,000 for married taxpayers. The Internal Revenue Service (IRS) updated its standard deductions for U.S. taxpayers in 2025,…
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