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2. Oil depletion allowance - Wikipedia

   en.wikipedia.org/wiki/Oil_depletion_allowance

   The oil depletion allowance in American (US) tax law is a tax break claimable by anyone with an economic interest in a mineral deposit or standing timber. [citation needed] The principle is that the asset is a capital investment that is a wasting asset, and therefore depreciation can reasonably be offset (effectively as a capital loss) against income.

3. Business Energy Investment Tax Credit - Wikipedia

   en.wikipedia.org/wiki/Business_Energy_Investment...

   Large revenue losses associated with the oil and gas tax preferences compared to federal deficit cuts, the oil embargo of 1973, and the Iranian Revolution from 1978-1979 led to a shift in energy policy to alternative energy and conservation. The first major change was the reduction of IDCs and percent depletion for the oil and gas companies.

4. Energy subsidy - Wikipedia

   en.wikipedia.org/wiki/Energy_subsidy

   Energy subsidies are measures that keep prices for customers below market levels, or for suppliers above market levels, or reduce costs for customers and suppliers. [1] [2] Energy subsidies may be direct cash transfers to suppliers, customers, or related bodies, as well as indirect support mechanisms, such as tax exemptions and rebates, price controls, trade restrictions, and limits on market ...

5. Best tax software for your 2024 returns: 5 simple ways to ...

   www.aol.com/finance/best-tax-software-110528837.html

   💰 Costs • DIY federal tax return: $0 • Assisted federal tax return: $8 to $50 What FreeTaxUSA offers. FreeTaxUSA is a part of the Free File program run by the Internal Revenue Service. It ...

6. Trump won't kill green energy [Video] - AOL

   www.aol.com/finance/trump-wont-kill-green-energy...

   US oil and natural gas ... Republicans seem likely to kill tax credits for emission-free electric vehicles, which can lower costs for car buyers by up to $7,500. ... But their forecast still calls ...

7. Tax Season 2024: 5 Changes That Small Business Owners ... - AOL

   www.aol.com/tax-season-2024-5-changes-150025033.html

   “One of the biggest business benefits — especially for real estate investors — in the 2017 Tax Cuts and Jobs Act was 100% bonus depreciation,” he said. “However, that legislation ...

8. Fuel taxes in the United States - Wikipedia

   en.wikipedia.org/wiki/Fuel_taxes_in_the_United...

   The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).

9. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!