On December 4, 2024, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (the “Service”) issued final regulations [TD ...

The U.S. Department of the Treasury recently released final regulations (Final Regulations) regarding the investment tax ...

On November 20, 2024, the US Department of the Treasury and the Internal Revenue Service (“IRS”) issued final regulations (the “Final Regulations”) ...

The Internal Revenue Service (“IRS”) and Department of the Treasury last week released final regulations (the “Final Regulations”) relating to investment tax credits under Section 48 of the (the “ITC” ...

Congress has until late December to fund the federal government as the Internal Revenue Service is running out of enforcement money.

If confirmed, Bessent would follow Janet Yellen, a labor economist who was the first woman to lead both the Federal Reserve and Treasury, in running the department that manages the nation's ...

The Inflation Reduction Act extended the tax incentives for clean energy development project developers, and the new rules add more clarity.