Revenue services

  1. AI Unlocks Energy Savings And Revenue From Smart Meter Data
  2. Internal Revenue Service
  3. Internal Revenue Service Apologizes For Thousands Of Letters Demanding Early Tax Payments – Deadline


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AI Unlocks Energy Savings And Revenue From Smart Meter Data

“Customers want affordable and easy-to-use options to better understand their energy consumption and manage resources in the most beneficial ways,” said Berend Olde Rikkert, commercial director at NET2GRID. “We provide accurate residential energy insights and predictions from energy data, helping utility providers find new revenue streams and guide customers on their journey to renewable energy.” Data expands retailer market opportunities Based in The Netherlands, NET2GRID analyzes smart meter readings from residential households, either collecting data directly from the meter or provided by the energy company. The company’s AI-based algorithms calculate energy consumption patterns of household appliances. Energy retailers can turn these insights into services, providing personalized offers to consumers for cost-savings. “If people are producing solar power or home charging their EV, we can detect from only meter readings how much energy each device used and when the consumer used it,” said Olde Rikkert. “Knowing that a customer began charging their EV at home for the first time, the energy retailer can offer a special tariff. Similarly, they can alert the consumer if data shows the household is spending more on home heating to comparable households. The retailer can offer sustainable energy suggestions, such as installing additional insulation or a heat pump.” MORE FROM FORBES SAP BrandVoice: 5 Artificial Intelligence Use Cases More Promising Than ChatGPT By Tim Clark Old...

Internal Revenue Service

The IRS originates from the Commissioner of Internal Revenue, a federal office created in 1862 to assess the nation's first Bureau of Internal Revenue. In 1953, the agency was renamed the Internal Revenue Service, and in subsequent decades underwent numerous reforms and reorganizations, most significantly in the 1990s. Since its establishment, the IRS has been responsible for collecting most of the revenue needed to fund the federal government, albeit while facing periodic controversy and opposition over its methods, constitutionality, and the principle of taxation generally. In recent years the agency has struggled with budget cuts and reduced morale. History [ ] In July 1862, during the The Revenue Act of 1862 was passed as an emergency and temporary war-time tax. It copied a relatively new British system of income taxation, instead of trade and property taxation. The first income tax was passed in 1862: • The initial rate was 3% on income over $800, which exempted most wage-earners. • In 1862 the rate was 3% on income between $600 and $10,000, and 5% on income over $10,000. By the end of the war, 10% of Post Civil War, Reconstruction, and popular tax reform (1866–1913) [ ] After the Civil War, Income taxes evolved, but in 1894 the In 1906, with the election of President The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. This gran...

Internal Revenue Service Apologizes For Thousands Of Letters Demanding Early Tax Payments – Deadline

Keep calm and carry on, advises the Internal Revenue Service. That’s after thousands of Californians were thrown into a panic this week when presented with demands that they pay their taxes owed in the next three weeks. The notices came even though those in counties considered affected by severe winter storms, flooding, and mudslides were granted an automatic extension to file and pay up by Oct. 16. The extension was granted to those in 51 counties, including Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara and Ventura. The filing date bumped the previous May 15 date, itself an extension of the usual April 15 deadline. Related Story Tax Filing Deadline Pushed To October For Federal, State Taxes In 44 California Counties, Including Los Angeles, Ventura, San Diego Taxpayers who owe a lot to the “The IRS reassures California taxpayers that they continue to have an automatic extension until later this year to file and pay their taxes for those covered by disaster declarations in the state,” the agency noted in a statement Wednesday.