Treasury Department Archive

“Try To Remember The Kind Of September…”

TweetShareSharePin0 Shares “When life was slow and oh so mellow…” The Senate easily cleared the way for a vote later this week on a $52 billion bill to encourage US production of computer chips. The measure also includes a temporary investment tax credit for chip makers and more than $200 billion in other tech-related funding.

The Weekly (Tax)Buzz – July 27th, 2022

TweetShareSharePin0 Shares The Weekly (Tax)Buzz – July 27th, 2022 If you feel like the news is tough to keep up with these days, you aren’t alone. Every week, we publish a curated list of some of the top articles in tax and finance. Tune in every Wednesday to read the latest thought leadership pieces from

Corporate Tax Cuts Effects: Research & Analysis

TweetShareSharePin0 Shares When thinking about tax policy, economists typically distinguish between the short run and long run. While there might be temporary boosts to the economy in the short term from a tax cut due to increased incomes, changes in tax policy alter the incentives to work, save, and invest, which can produce benefits to

Charity Care and Tax Cut Promises

TweetShareSharePin0 Shares How much charity care do nonprofit hospitals provide? A Wall Street Journal analysis (paywall) finds that nonprofit hospitals, registered as charitable organizations because they are charted to support their communities, wrote off 2.3 percent of their patient revenue as “charity care.” But their for-profit competitors wrote off 3.4 percent. The analysis excludes other

Essential Tax Tips For Retired Teachers

TweetShareSharePin0 Shares With a new school year just around the corner across the United States, some teachers won’t be returning to the classroom this year.  According to EdSource, nearly 13,000 teachers retired after the 2019-2020 school year, and projections indicate that even more educators will retire annually moving forward. Per the education website’s report, the

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