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Tax deal could get new life under top-line spending agreement

Tax experts from the House and Senate met Wednesday to push for a tax deal that would restore business deductions in exchange for expanding the Child Tax Credit (CTC). Unable to get out of debate on annual tax cuts at the end of 2023 and 2022, Congress is trying to pass a bipartisan spending bill […]

Republicans Achieve Massive IRS Funding Cuts In Spending Agreement

The bipartisan spending agreement brokered by House Speaker Mike Johnson and Senate Majority Leader Chuck Schumer includes accelerated funding cuts to the Internal Revenue Service (IRS) supported by Republicans, Johnson said. He made the announcement in a letter to colleagues. The agreement includes a $10 billion cut from the IRS budget in fiscal year 2024, […]

Disney Makes Agreement With ValueAct

(Photo by Charley Gallay/Getty Images for Disney) OAN's Avril Elfie10:35am – Thursday, January 4, 2024 Disney has signed a deal with ValueAct Capital Management amid a proxy battle with billionaire businessman and investor Nelson Peltz. advertisement The Walt Disney Company announced Wednesday that it has entered into a nondisclosure agreement with ValueAct that allows it […]