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It is entirely possible, analysts say, that Netflix will be better off by bailing from its $83 billion deal with Warner Bros. Discovery.
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Flights cancelled as travel warnings issued after US-Israeli strikes on Iran BBCAirspace closed, airlines halt flights as US, Israel attack, Iran responds Al JazeeraIran attack prompts flight cancellations at JFK, across Middle East NewsdayHow Mideast Conflict Could Upend Your Flight WSJ
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Employees at the company had started to warm to the idea of Netflix as its corporate owner. Now they face the prospect of major cuts under Paramount.
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U.S. and Israel strike several locations in Iran, which responds with missile attacks on Gulf nations.
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US Forces Locked in Air-Defense Battles Amid Fight With Iran: Official Business InsiderWhat Combat Power Does the U.S. Have in the Middle East Right Now? WSJTankers Vacate Al Udeid Air Base As U.S. Citizens Are Urged To Leave Israel Immediately (Updated) The War ZoneSatellite images show more aircraft at Saudi airbase used by US forces Reuters
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In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett's folksy tone. The lower earnings were largely driven by declines in the insurance business.
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Not long ago, Mr. Zaslav was widely criticized for his management of Warner Bros. Discovery. He overcame the doubters, cementing a blockbuster sale to Paramount.
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Paramount must now absorb a troubled asset at a high cost, while Netflix investors seem overjoyed to not have such problems.
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Trump moves toward Iran attack as mediator says nuclear deal is close The Washington Post‘We have a big decision to make' on Iran, Trump says CNNTrump says he'd 'love not to' attack Iran, 'but sometimes you have to' CNBCCan the U.S. and Iran reach a nuclear deal to avert a war? CBS News
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Paramount and Warner Bros. Discovery are poised to shake up the ad industry, but not without clearing some hurdles.
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President Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives including tax credits for the purchase of new and used electric vehicles. But you may not have heard that the new law also revives the tax credit for electric vehicle charging stations and equipment that had expired in 2021. There are some changes to the prior charging station tax credit that you will want to be aware of, so that you can potentially use the tax break for your own EV charger.
What is the Tax Write Off for EV Chargers?
The federal tax credit for electric vehicle chargers originally expired on December 31, 2021. However, the Inflation Reduction Act's Alternative Fuel Refueling Property tax credit extends the EV charger tax incentive ten years—through December 31, 2032.
SEE MORE EV Tax Credits Are Changing: What's Ahead
So, what does that mean for you? Essentially, if you install an EV charging station at home, the tax credit under the Inflation Reduction Act is 30% of the cost of hardware and installation, up to $1,000. Also, beginning in 2023, the tax credit for business and home installations, will apply to other EV charging equipment like bidirectional (i.e., two-way) chargers.
Businesses that that install new EV chargers or EV charging equipment can also benefit from a tax incentive of up to 30% of the total cost of equipment and installation. But they will have to meet certain labor and construction requirements to be eligible to claim the full incentive.
Before the Inflation Reduction Act, the limit on the amount of the EV charger tax credit for businesses was $30,000 (which still applies to projects completed before the end of 2022). However, under the new law, if you complete the business installa
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