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ICE officers suspended after making ‘untruthful statements' about shooting The Washington PostProsecutor Seeks Dismissal of Charges Against Man Shot by ICE The New York TimesDHS says immigration agents appear to have lied about shooting in Minnesota NPRDOJ drops charges against 2 men accused of assaulting ICE officers in Minneapolis, citing new evidence "inconsistent" with complaint CBS News
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Trump tells soldiers to vote GOP in campaign-style rally at Fort Bragg The Washington PostUS troops blasted through steel doors 'like it was like papier-mache' to snatch Maduro, Trump says Fox NewsTrump quips about where he might move after White House as smiling Melania nods her approval The IndependentTrump reveals US helicopter pilots were wounded in Maduro
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Nuveen, the global asset manager with $1.4tn in assets under management, has agreed to buy Schroders in a £9.9bn deal.
The post Deal Roundup: Nuveen buys Schroders in £9.9bn deal, Tower Capital Asia invests in V-Key appeared first on AltAssets Private Equity News.
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Trump: ‘There will be Voter I.D. for the Midterm Elections, whether approved by Congress or not!' Democracy DocketTrump says he will issue executive order to get voter-ID requirements before midterms CNBCOpinion | Trump Says He Wants to Cancel Elections, but Here Is the Real Threat The New York TimesTrump: Voter ID to be required to vote in midterm elections USA Today
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Trump pushes voter ID ‘whether approved by Congress or not!' PoliticoTrump says he will issue executive order to get voter-ID requirements before midterms CNBCTrump: ‘There will be Voter I.D. for the Midterm Elections, whether approved by Congress or not!' Democracy DocketRamping Up Election Attacks, Trump Does Not Let Reality Get in His Way The New York Times
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Chinese search engine operator Baidu plans Friday to start letting smartphone app users to directly tell OpenClaw AI to perform tasks.
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UBS analyst Matthew Mish told CNBC that the artificial intelligence transformation is happening faster than he and his colleagues had previously anticipated.
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Climate change investor Vision Ridge Partners has raised about $2.4bn for its biggest fund yet, almost double the amount raised for its predecessor vehicle.
The post Climate investor Vision Ridge Partners hits $2.4bn Fund IV close, almost double Fund III total appeared first on AltAssets Private Equity News.
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Digital finance is transitioning from speculative hype to serious institutional infrastructure. Here's what that means for leaders.
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Montana Capital Partners has raised $1.4bn for its first flagship fund since being bought out by Prudential Financial's asset management arm PGIM in 2021.
The post Montana Capital Partners picks up $1.4bn for first secondaries fund since being bought by PGIM appeared first on AltAssets Private Equity News.
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In advance of Super Bowl Sunday, the Illinois Gaming Board Thursday issued more than 60 cease-and-desist letters to illegal online gambling companies, demanding that they immediately block Illinois residents from accessing their websites and stop offering them prizes. Operators who fail to comply may be subject to civil or criminal penalties. The letters aim to […]
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Baird's private equity and venture capital arm Baird Capital has named Katie Schoen as its global head of capital formation amid a string of New Year promotions at the firm.
The post Baird Capital names Katie Schoen as global head of capital formation, promotes Schlagenhauf to partner appeared first on AltAssets Private Equity News.
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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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