Saturday - November 23, 2024
News Tipoffs - Michigan Editors Newsletter for Sunday October 27, 2024 ( 2 items )  

DOE: Biden-Harris Administration Delivers Nearly $474 Million in New Grid Resilience Funding to States and Tribes as Part of Investing in America Agenda
WASHINGTON, Oct. 26 -- The U.S. Department of Energy issued the following news on Oct. 25, 2024: * * * Investing in America Agenda Continues Efforts to Modernize Electric Grid To Deliver Reliable, Clean, and Affordable Energy Across the Country, in 5 Territories and Among 254 Tribal Nations * * * In support of the Biden-Harris Administration's Investing in America agenda, today the U.S. Department of Energy (DOE) announced that 49 states, 5 territories, 254 Tribal Nations, and the District o  more

IRS Issues Notice No. 2024-70 Entitled 'Extension of Replacement Period for Livestock Sold on Account of Drought'
WASHINGTON, Oct. 21 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following notice (No. 2024-70) in Internal Revenue Bulletin (No. 2024-43): * * * SECTION 1. PURPOSE This notice provides guidance regarding an extension of the replacement period under Sec. 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties. SECTION 2. BACKGROUND .01 Nonrecognition of Gain on Involuntary Conversion of Livestock. Section 1033(a) ge  more