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June 26, 2023
There’s nothing new about Europe wanting to take away American ingenuity, research and development, and freedoms and then make us pay for the rope to hang ourselves. What is new, however, is an American administration that is working with Europe on an international tax-cartel scheme that is designed...
August 26, 2022
The new law generally imposes a 15% alternative minimum tax on book income of corporations with book income in excess of $1 billion. Public companies will generally be...
August 19, 2022
On Tuesday, President Biden signed the Inflation Reduction Act of 2022 after it passed two party-line votes in the House (Final Vote: 220-207) and the…
August 19, 2022
On Tuesday, President Biden signed the Inflation Reduction Act of 2022 after it passed two party-line votes in the House (Final Vote: 220-207) and the Senate (Final Vote: 51-50) where...
August 11, 2022
On Sunday, August 7, 2022, after a rare and grueling weekend session with nearly 16 hours of voting on amendments, the US Senate passed H.R. 5376, the Inflation Reduction Act of 2022...
August 2, 2022
On July 27, 2022, Senator Joe Manchin and Senate Majority Leader Chuck Schumer announced that they have reached an agreement on a budget reconciliation bill (the Inflation Reduction Act...
July 30, 2022
After months of back and forth, it appears that additional funding is on its way to the Internal Revenue Service (IRS). Senate Majority Leader Chuck Schumer (D-NY) released a statement...
October 29, 2021
Good day. European Central Bank President Christine Lagarde said policy makers focused on inflation during their meeting this week, but they didnt see a reason to change their policy stance for...