New Internal Revenue Service (IRS) guidelines for the federal electric vehicle (EV) tax credit are a “recipe for fraud,” warns the head of the Tax Foundation.
Consumers will now be able to automatically claim the tax credit at the point of sale on new or used EV purchases, rather than wait to claim it on their tax return, according to the latest Treasury Department guidance.
Read More
The Treasury Department unveiled sanctions on a number of Hamas operatives and financial facilitators Wednesday in the wake of terrorist attacks on Israel.
Palestinian terrorist organization Hamas carried out attacks against Israel on Oct. 7, resulting in the deaths of over 1,400 Israelis and the kidnapping of over 100 people, including Americans. The Biden administration has taken steps to castigate Hamas since the attacks, including imposing sanctions against Hamas operatives and financial actors in an effort to throttle the group’s funding, according to a press release from the Treasury.
Read More
Congressional investigators have identified a labyrinth of at least a dozen bank accounts that were used to funnel money from foreign sources to Joe Biden’s family and uncovered the first evidence that some funds went to benefit the future president, the chairman of the House Oversight and Accountability Committee has disclosed.
Read More