Tax regulations

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.

Among other things, they may unintentionally snare mutual funds, an expert testifies.

The service will postpone the lower threshold, but will phase in a threshold of $5,000 for tax year 2024.

The Treasury and the IRS issued laid out possible regs to update the investment tax credit rules to encompass various forms of renewable energy.

The regulations address new subsections of the law from the SECURE 2.0 Act.

Proposed regulations from the IRS are generally effective beginning in 2024.

Taxpayers will now have through Jan. 10, 2025, to fix a refund claim.

The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.

40 critical regulations, court decisions, laws, IRS proposals and other major changes to the tax landscape from the past 12 months.

More than 60 tax provisions are going up, according to Rev. Proc. 2022-38.