The U.S. Department of the Treasury and Internal Revenue Service are seeking public feedback on proposed income tax regulation amendments regarding the implementation of section 45X of the Internal Revenue Code. Established by the
MoreHouse Speaker Kevin McCarthy said he expects the lower chamber to vote this week on his proposal to raise the U.S. debt ceiling by $1.5 billion to prevent a default until the
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The Department of the Treasury has decided to use a consumer-facing fuel economy labeling standard from the Environmental Protection Agency in qualifying clean vehicles for tax benefits as well as manufacturer suggested
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The Department of the Treasury and the Internal Revenue Service have issued guidance and frequently asked questions to provide initial information on changes to the electric vehicle tax credit as a result
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A bipartisan group of six senators proposed creating a 25 percent tax incentive for companies that will invest in equipment and facilities needed to manufacture semiconductors. The tax credit proposal is part
MoreA new Center for a New American Security report offers several recommendations for U.S. government leaders to help ensure U.S. leadership in artificial intelligence.
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Rep. Tom Price (R-Georgia), chairman of the House Budget Committee and an orthopedic surgeon, has been selected to serve as secretary of the Department of Health and Human Services under President-elect Donald Trumpâs
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Congressional budget negotiators have reached a tentative agreement on a $1 trillion spending package that would fund most agencies through the end of fiscal 2016, USA Today reported Tuesday. Erin Kelly writes government
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