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The Treasury is providing additional guidance on the corporate alternative minimum tax for billion-dollar companies.
December 15 -
The new deduction rates apply to electric and hybrid vehicles, as well.
December 15 -
The U.S. has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there's a clear divide for miners and processors.
December 14 -
High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.
December 14 -
The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.
December 11 -
The Internal Revenue Service's Independent Office of Appeals hopes to improve both service and the experience of its workforce.
December 8 -
The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.
December 8Wolters Kluwer Tax & Accounting North America -
The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.
December 5 -
A short window won't necessarily stop lawmakers from proposing or introducing new legislation, though — if only to position themselves ahead of next November's election.
November 27 -
Among other things, they may unintentionally snare mutual funds, an expert testifies.
November 21