Joe and June started Children's Clothing Company 30 years ago. They are now both age 65 and are interested in retiring....
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The Affordable Connectivity Program, which subsidizes my monthly internet bill, is about to end. What are my options for finding affordable home internet services? Without additional funding from Congress, the Affordable Connectivity Program (ACP) is winding down and will end in mid-May. The ACP is a government subsidy that has provided millions of eligible households with a discount of up to $30 per month toward home internet service. The benefit also provides up to $75 per month for households on qualifying Tribal lands. The ACP was initially born in 2021 out of a pandemic-era program called the Emergency Broadband Benefit. It was replaced six months later by the longer-term ACP when...
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In IR-2024-137 the Internal Revenue Service (IRS) encouraged taxpayers to make updates to their home to qualify for home energy credits. The credits were significantly expanded by the Inflation Reduction Act of 2022. Most of the credits apply to homeowners, but renters may also be eligible for some credits. The credits are generally in two main categories. There are credits for energy-efficient improvements to your home after January 1, 2023. Other credits apply to improvements such as solar panels, wind turbines or battery storage. Home Energy Improvements — Qualified home improvements made after January 1, 2023, may produce a 30% credit, with a maximum amount of $3,200. These...
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