The Internal Revenue Service now has
The Inflation Reduction Act of 2022 added the new income tax credit for clean fuel production, which becomes available next Jan. 1. To claim the credit, the taxpayer must be registered as a producer of clean fuel at the time of production.
The FAQs address which entity must apply for registration, including if the entity producing the clean fuel is a
J'accuse; just a little boost; independent thinking; and other highlights of recent tax cases.
The Treasury is warning Congress that it needs lawmakers to unlock funding for the Internal Revenue Service that could be rescinded due to legislative language.
Many private equity-backed firms at Accounting Today's PE Summit think so, along with much more.
INCPAS announces awards finalists; ConvergenceCoaching graduates Transformational Leadership Program fall class; and more news from across the profession.
The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.
The IRS Advisory Council's annual report covered 37 different areas of concern and recommendations.
