JD Supra

Final Treasury Regulations Significantly Limit Application of 1% Corporate Stock Buyback Tax Rules

The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...
Self Employed on MSN

Treasury Issues 1,446 RIF Notices

The disclosure of 1,446 RIF notices, including 1,399 at the IRS, marks a significant moment for the Treasury’s workforce ...
kfoxtv

U.S. Department of the Treasury, IRS launches direct file pilot program

EL PASO, Texas (KFOX14/CBS4) — The U.S. Department of the Treasury and Internal Revenue Service launched the new Direct File Pilot Program on Tuesday. Direct File provides a free, secure option for ...
JD Supra

Treasury and the IRS Finalize Stock Buyback Excise Tax Regulations

On November 21, 2025, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final regulations under ...
Sierra Sun Times

Treasury, IRS Provide Guidance For Individuals Who Received Tips Or Overtime During Tax Year 2025

Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
JD Supra

Long Awaited Elective Payment Election Final Regulations and Other Guidance Issued by Treasury Department and IRS

On March 5, 2024, the U.S. Department of Treasury and Internal Revenue Services (IRS) released final regulations regarding the direct payment election under the Inflation Reduction Act of 2022 (IRA), ...
The Daily Overview on MSN

Treasury moves to end federal tax breaks for illegal migrants

The Trump administration is moving to shut off a little understood but politically explosive corner of the tax code, ...
JD Supra

Treasury Department and IRS Issue Final Regulations Regarding the Transferability of Tax Credits Under Section 6418 of the Internal Revenue Code

The final regulations adopt the provisions of the previously proposed regulations with modest modifications and clarifications. The registration portal for transferring tax credits is open, and no ...
JD Supra

Treasury Department and IRS Issue Proposed Regulations and Revenue Procedure on the Clean Vehicle Tax Credits under Section 30D of the Internal Revenue Code

The proposed regulations add new definitions to clarify what is required under foreign entity of concern (FEOC) compliance. The Revenue Procedure provides guidance to qualified manufacturers on ...
JD Supra

Treasury Department and IRS Issue Proposed Regulations on the Clean Hydrogen Production Credit under Section 45V of the Internal Revenue Code

The proposed regulations go beyond the use of the GREET model by requiring the use of “energy attribute certificates” (EACs) to prove eligibility for the credit under section 45V of the Internal ...
National Association of Plan Advisors

Treasury to Issue Rules Barring Undocumented Immigrants from Saver’s Match

With the Saver’s Match set to go into effect in 2027, the Treasury Department announced that it plans to issue guidance stipulating that undocumented immigrants are ineligible to receive the match, as ...