Topic: Tax credit
Washington, D.C. – Cybersecurity is one of the preeminent challenges of our time, which is why President Joe Biden has made strengthening U.S. cybersecurity capabilities a top priority and has already taken action to advance it, including with last week’s Executive Order.
The American Jobs Plan will build on that work and deliver resilient infrastructure for the American people, including a renewed electric grid. Cybersecurity is a core part of resilience and building infrastructure of the future, and the American Jobs Plan will allocate opportunities and resources to bolster cyber defenses.
Marsha Blackburn Joins Rob Portman’s “Healthy Workplaces Tax Credit Act” to Ensure Businesses Continue to Safely Reopen
Washington, D.C. – Senator Marsha Blackburn (R-Tenn.) has joined Senator Rob Portman’s (R-Ohio) Healthy Workplaces Tax Credit Act to help businesses and nonprofits continue to safely reopen while ensuring the safety of employees and consumers through a refundable tax credit against payroll taxes for 50 percent of the costs incurred by a business for increased testing, personal protective equipment (PPE), disinfecting, extra cleaning and reconfiguring work spaces to adhere to social distancing guidelines.
Washington, D.C. – United States Senator Lamar Alexander (R-Tenn.) today said asking the American taxpayer to pay more to extend the wind production tax credit – “the most wasteful, conspicuous taxpayer subsidy in Washington D.C.” – is unjustifiable.
“The wind production tax credit is so generous that in some markets wind developers can actually give away their electricity and still make a profit. This wasteful subsidy has been extended 11 times and has been on the books for more than 25 years,” Senator Alexander said on the Senate floor.
Part of Bill Haslam’s NextTennessee legislative agenda, #TNWeCanBe
Brownsville, TN – Before a meeting of the Governor’s Rural Development Task Force at H&R Agri-Power, Tennessee Governor Bill Haslam held a ceremonial signing of the Tennessee Broadband Accessibility Act, the governor’s legislation to increase broadband access to Tennessee’s unserved citizens.
The Tennessee Broadband Accessibility Act permits Tennessee’s private, nonprofit electric cooperatives to provide retail broadband service, and it provides $45 million over three years in grants and tax credits for service providers to assist in making broadband available to unserved homes and businesses.
Legislation focuses on education, community development, and economic growth
Nashville, TN – Tennessee Governor Bill Haslam filed his NextTennessee legislative agenda for the 2017 session of the 110th General Assembly.
“With the NextTennessee agenda, we’re focused on policy proposals to build and sustain economic growth and the state’s competitiveness for the next generation of Tennesseans,” Haslam said.
Proposal part of governor’s NextTennessee legislative agenda
Nashville, TN – Tennessee Governor Bill Haslam today announced legislation to increase broadband access to Tennessee’s unserved citizens.
Tennessee currently ranks 29th in the U.S. for broadband access, with 34 percent of rural Tennessee residents lacking access at recognized minimum standards.
Tennessee Representative Curtis Johnson
Nashville, TN – Tennessee Lieutenant Governor Ron Ramsey announced Wednesday on the Senate Floor of his decision not to run for another term. In a tearful, farewell speech Governor Ramsey said, “When I ran for office four years ago, I had a 1-year-old grandson,” Ramsey said. “I now have four grandsons. My first granddaughter will be born today.”
Speaking to his colleagues, he said “this has not been an easy decision. I love the state Senate. I love being lieutenant governor. And I consider each and every one of you a true friend.”
IRS reports Tax-filing Extension Expires October 15th for Millions of Taxpayers; Check Eligibility for Overlooked Tax Benefits
Atlanta, GA – The Internal Revenue Service today urged taxpayers whose tax-filing extension runs out on October 15th to double check their returns for often-overlooked tax benefits and then file their returns electronically using IRS e-file or the Free File system.
Washington, D.C. – Many parents pay for childcare or day camps in the summer while they work.
If this applies to you, your costs may qualify for a federal tax credit that can lower your taxes.
Here are 10 facts that you should know about the Child and Dependent Care Credit.
Washington, D.C. – If you made your home more energy efficient last year, you may qualify for a tax credit according to the Internal Revenue Service (IRS).
Here is some basic information about home energy credits that you may be able to claim on your 2013 tax return. «Read the rest of this article»
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