ASAToday for June 26th, 2025

EPA’s Offers their Renewable Fuel Standard (RFS) Quotas Under a regulation finalized on Wednesday, the Environmental Protection Agency in 2023 will require the use of 2.82 billion gallons of biomass-based diesel, generally made from soybean and canola oil, a 2.2% increase over the 2.76 billion gallons mandated last year. For 2024 and 2025, the quotas…

This Week in Congress This week, the House considered a tax-cut package that’s set to make its way through the Ways and Means Committee, along with considering postponed bills from last week regarding gas-stoves legislation, a  bill overhauling judicial procedure in certain administrative-law cases, and legislation that would establish a congressional approval process for some…

The House Tax Package House Republican tax writers drafted a package that would expand the standard deduction, pare back tax reporting for contractors and gig workers and revive expired incentives for businesses in the party’s first major tax markup since taking back control of the chamber this year. The Joint Committee on Taxation estimated that…