Tag: IRS

RECAP: Daines’ Bipartisan Senate Trip to Poland, Germany to Discuss Russian Invasion of Ukraine

U.S. SENATE — Following Daines’ bipartisan Senate delegation trip to Poland and Germany where he met with U.S. military leaders, NATO forces and NGOs to discuss Russia’s war of aggression against Ukraine, he issued the following statement:  “There is good and evil in this world, and we saw that firsthand with Putin’s war of aggression against the people of Ukraine. Meeting with U.S. military leaders, NATO forces and NGOs in Poland and Germany allowed us to gain greater insight into Russia’s invasion, including the terrible humanitarian crisis that it’s created and the importance of having a strong military and energy security,” Daines said. “In Berlin,

Following Daines’ Work, Tax Incentive Regulations for Carbon Capture, Utilization, and Storage Finalized

U.S. SENATE—U.S. Senator Steve Daines announced that the U.S. Treasury Department and Internal Revenue Service (IRS) have issued their final regulations in regards to the 45Q tax credit, which will incentivize the use of carbon capture, utilization, and storage (CCUS) technologies as well as create jobs for Montanans.   “These final regulations will help give stakeholders needed certainty to develop and implement CCUS technologies. The 45Q tax credit provides a powerful financial incentive for responsible, innovative, economic, made-in-Montana energy,” Daines said. “I am glad that after years of work, Montana’s energy sector will have true access to this critical incentive for innovative solutions

Daines, Tester Fight for First Responders

U.S. SENATE — U.S. Senators Steve Daines and Jon Tester reintroduced the bipartisan Putting First Responders First Act to clarify the current tax code to ensure injured first responders do not have to pay taxes on injury-related compensation.  Daines and Tester introduced the bill ahead of National Police Week. “Montana’s first responders risk their lives every day to protect our communities,” Daines said. “This legislation will ensure these brave men and women will no longer endure unfair taxes or audits from the IRS as a result of the sacrifices they have made for our safety.”  “Montana’s first responders put themselves in

Senators Introduce Resolution to Detain ISIL Fighters in Guantanamo

U.S. SENATE — Following the recent announcement that U.S. Special Forces captured an Islamic State of Iraq and the Levant (ISIL) leader while carrying out Operation Inherent Resolve, Senator Steve Daines (R-MT) today led 14 Senators in introducing a resolution to detain ISIL fighters at Guantanamo Bay, Cuba.  Cosponsors of the resolution include Senators Jerry Moran (R-KS), Cory Gardner (R-CO), Tom Cotton (R-AR), Marco Rubio (R-FL), Mark Kirk (R-IL), Ted Cruz (R-TX), Orrin Hatch (R-UT), Joni Ernst (R-IA), Johnny Isakson (R-GA), John Boozman (R-AR), Pat Roberts (R-KS), Jim Inhofe (R-OK), Tim Scott (R-SC) and David Vitter (R-LA).  As the United

Daines: The IRS is Failing Montanans

Daines Underscores Need to Reform IRS Services, Tax Code as Tax Season Begins  WASHINGTON, D.C. — On the first day of tax season, Senator Steve Daines is calling for reforms to the Internal Revenue Service (IRS) operations in light of a new Government Accountability Office (GAO) report revealing that nearly 62 percent of callers who wanted to speak with an IRS representative were unable to receive assistance.  “As this year’s tax season begins today, we are once again reminded of the consistent shortcomings displayed by the IRS,” Daines stated. “Our tax code is nearly five times as long as the Bible, but with none of