Doing taxes in 2023 feels a lot like it did before the pandemic. Still, there are some meaningful changes to keep in mind.
Category: Tax Credits, Deductions and Exemptions
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What You Need to Know for the 2023 Tax Season
The New York Times – Business: -
Why Investing at the Last Moment Can Hurt Your Returns
The New York Times – Business:You can still put money in an I.R.A. for 2022, and that’s better than not investing at all. But an early start would have given you a great advantage, our columnist says.
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U.S. Eyes Trade Deals With Allies to Ease Clash Over Electric Car Subsidies
The New York Times – Business:The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric vehicle and battery production.
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Chip Makers Turn Cutthroat in Fight for Share of Federal Money
The New York Times – Business:Semiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors.
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How Arizona Is Positioning Itself for $52 Billion to the Chips Industry
The New York Times – Business:The state has become a hub for chip makers including Intel and TSMC, as the government prepares to release a gusher of funds for the strategic industry.
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You Can Use Your Tax Refund to Buy I Bonds, but Should You?
The New York Times – Business:The answer depends on whether you’re looking to get high interest rates now or a safe investment with inflation protection over many years.
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U.S. on Track to Add $19 Trillion in New Debt Over 10 Years
The New York Times – Business:Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits, amid a partisan fight on fiscal policy.
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I.R.S. Decides Most Special State Payments Are Not Taxable
The New York Times – Business:The agency offered the guidance that it had asked millions of taxpayers in 21 states to wait for before filing their returns.
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As Federal Cash Flows to Unions, Democrats Hope to Reap the Rewards
The New York Times – Business:In places like West Virginia, money from three major laws passed by Congress is pouring into the alternative energy industry and other projects. “I think it’s a renaissance for the labor movement,” said one union official.
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Dads in Government Create the Congressional Dads Caucus
The New York Times – Fashion & Style:Male politicians who are parents of young children wearing their fatherhood on their sleeves and their babies on their chests.
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Dads in Government Create the Congressional Dads Caucus
The New York Times – Fashion & Style:Male politicians who are parents of young children wearing their fatherhood on their sleeves and their babies on their chests.