Small Businesses

IRS Has ‘Not Yet Finalized’ How Middle Class Will Be Affected by $80 Billion Windfall

A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.

IRS Hasn’t Planned Details of How $80 Billion Windfall With Affect Middle Class

The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.

Republican House Ends Funding for ‘Army of 87,000 IRS Agents’

Repealing IRS funding in the Inflation Reduction Act saved $70 billion.

EU Announces Agreement to Reform Europe’s Carbon Market, Cap Natural Gas Prices

The European Union announced on Dec. 18 a provisional agreement that reforms the bloc’s carbon market, successfully expanding a crucial component of the region’s broader green agenda.

Anti-NATO Protests in Paris Led by ‘Les Patriotes’

A large anti-NATO rally was held in Paris, France on Saturday by the right-wing Les Patriotes party, with protesters calling for a review of France's policies towards the US-led bloc and Moscow and denouncing anti-Russia sanctions.

Glenn Youngkin Executive Order Bans TikTok From Virginia State Devices, Networks

Virginia Gov. Glenn Youngkin banned the use of several Chinese-owned apps, including TikTok and WeChat, on state government devices and wireless networks on Friday, calling them a threat to national security.

Government Paid $1.4B in COVID-19 ‘Relief’ to Wealthiest Firms Amid Economic Turmoil

Big law and accounting firms raked in $1.4 billion in taxpayer-backed COVID-19 "relief" loans from the federal government while regular people faced economic turmoil, according to a watchdog report obtained by the Washington Examiner.

Jeff Bezos’ Top Tips for Managing the Economic Downturn

Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.

Republican Ron Jonson Wins Key Wisconsin Senate Seat

Republican Sen. Ron Johnson defeated Democratic Lt. Gov. Mandela Barns in a highly-contested Senate seat for Wisconsin.

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