As millions of federal taxpayers gear up to file 2024 tax returns, some may be in for a surprise — especially those expecting refunds. While most filers can expect to get their refunds within 21 days ...

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.

The Treasury Department and the Internal Revenue Service released final rules Tuesday for the Clean Electricity Investment and Production Tax Credits in Sections 45Y and 48E of the Tax Code. The tax ...

The Treasury Department named a pair of Internal Revenue Service agents as special advisors to Treasury Secretary Scott Bessent and plans key roles for them in reforming the tax agency after they ...

The Internal Revenue Service and the Treasury Department released the final rules for an Investment Tax Credit for clean energy project developers. The ITC under Section 48 of the Tax Code provides a ...

A view of the IRS building in Washington, D.C. (Getty Images) House Oversight Democrats are asking a Treasury Department watchdog to open an investigation into DOGE’s data and IT modernization ...

Gary Shapley, who was named only days ago as the acting commissioner of the Internal Revenue Service, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender amid a ...

The U.S. Treasury Department plans to reclassify certain refundable tax credits as "federal public benefits," barring ...