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Federal Tax Updates Archive

Settling the Dust of the Coal Industry

TweetShareSharePin0 Shares Coal miners increasingly are victims of a cruel paradox. Even as production declines, more are suffering from deadly black lung disease. Yet falling production and growing efforts to combat climate change will slash the federal funds to support sick workers and their families. This problem can be resolved, but it will require policymakers

Tax Justice Network Arabic podcast #47: السودان: حلول عسكرية لأزمات إقتصادية و إجتماعية

TweetShareSharePin0 Shares Welcome to the 47th edition of our Arabic podcast/radio show Taxes Simply الجباية ببساطة contributing to tax justice public debate around the world. It’s produced and presented by Walid Ben Rhouma and is available on most podcast apps. Any radio station is welcome to broadcast it for free and websites are also welcome to share it. You can follow

Will the Ohio Supreme Court Fuel the State’s NASCAR Tax?

TweetShareSharePin0 Shares “If you ain’t first, you’re last.” That all-or-nothing motto catalyzes number one NASCAR driver and titular hero in the 2006 spoof, Talladega Nights: The Ballad of Ricky Bobby.  Funny coincidence: My kids and I watched the movie on television right after I read about NASCAR’s (National Association for Stock Car Auto Racing Holdings,

A Medicare Drug Deal But BBB Still Awaits A Score

TweetShareSharePin0 Shares Congress keeps inching towards a BBB agreement. Democrats agreed among themselves on a scaled-back plan to allow Medicare to negotiate prices on a handful of very costly drugs, along with a cap on insulin costs. That clears away one of the last outstanding issues prior to a House vote on President Biden’s latest

Saving Money With Tax Free Medical Plans

TweetShareSharePin0 SharesSaving Money With Tax Free Medical Plans Do you have medical expenses that you incur every single year? Do you always use up your entire medical insurance deductible on co-pays? If so, there are a couple of medical saving plan available that would allow you to use tax-free money to pay for your medical

Work On Budget Reconciliation Continues…

TweetShareSharePin0 Shares House vote this week on Build Back Better? Maybe not. Sen. Joe Manchin yesterday said he wants to see an official budget score before he signs off on President Biden’s now-$1.75 trillion social spending and tax bill. Manchin expressed concerns about whether the latest bill hides its true cost by phasing out various provisions.

Austria Budget Comes with Tax Cuts, Carbon Levies

TweetShareSharePin0 Shares The 2022 Austrian budget proposal advances the tax reform plan agreed to by 2020’s coalition government formed by the Austrian People’s Party and the Greens. While Europe is registering record spikes in energy costs, Austria is pushing ahead with an agenda for carbon emissions reduction with a phased-in carbon levy. At the same

Various Toyota Hybrids Get Tax Credit Certification From IRS

TweetShareSharePin0 SharesVarious Toyota Hybrids Get Tax Credit Certification From IRS Starting in 2006, individuals buying hybrid cars will get a tax credit instead of a tax deduction. The IRS has just started to kick out the exact amounts you can claim for your new hybrid. Various Toyota Hybrids Get Tax Credit Certification From IRS Under
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