obÌåÓý

IR-2024-61, March 5, 2024 ¡ª The Department of the Treasury and Internal Revenue Service issued final regulations today for applicable entities that earn certain clean energy credits and choose to make an elective payment election.

IR-2024-196, July 25, 2024 ¡ª As part of ongoing transformation efforts, the Internal Revenue Service announced today continued progress on a variety of taxpayer service and technology projects using Inflation Reduction Act (IRA) funding that expand online tools and digital services.

FS-2024-19, May 2024 ¡ª This fact sheet issues frequently asked questions about SECURE 2.0 Act of 2022 (SECURE 2.0) that provides for special rules for distributions from retirement plans and individual retirement arrangements (IRAs) and for retirement plan loans, for certain individuals impacted by federally declared major disasters.

Information and technical guidance for software developers and transmitters who are interested in developing software for AIR for Tax Year 2021. Included are links to Known Issues, XML Schemas, and Business Rules.

The links below provide information and technical guidance for software developers and transmitters who are interested in developing software for AIR for Tax Year 2019. Included are links to Known Issues, Form to Schema Crosswalks, XML Schemas, and Business Rules.

Oct. 10, 2024 ¡ª TD Bank N.A. (TDBNA), the 10th largest bank in the United States, and its parent company TD Bank US Holding Company (TDBUSH) (together with TDBNA, TD Bank) pleaded guilty today and agreed to pay over $1.8 billion in penalties to resolve the Justice Department¡¯s investigation into violations of the Bank Secrecy Act (BSA) and money laundering.

Oct. 31, 2024 ¡ª United States Attorney Zachry A. Cunha announced today that a Rhode Island mortgage broker who purported to match borrowers seeking short-term loans with private lenders seeking high rates of return admitted to a federal judge that he misappropriated more than $1.5 million dollars of investors¡¯ funds by using the money to repay earlier investors, support his own international investment opportunities, and to cover personal expenses.

Aug. 28, 2024 ¡ª The Honorable Deborah L. Boardman sentenced Rudolph Brooks Aug. 27 to 18 months in federal prison followed by two years of supervised release for fraudulently obtaining over $3.5 million in COVID-19 Coronavirus Aid, Relief, and Economic Security (CARES) Act Payroll Protection Program (PPP) loans.

Feb. 12, 2025 ¡ª Acting United States Attorney Alexander C. Van Hook announced that Shaquaila Lewis a/k/a Shaquaila Lewis-Chatman of Gibsland, Louisiana, has been sentenced on one count of wire fraud. United States District Judge S. Maurice Hicks, Jr. sentenced Lewis to 27 months in prison, followed by 3 years of supervised release. Restitution will be determined at a later date.

If you are claiming benefits under the Federal Disaster Tax Relief Act of 2023 for a tax year for which you have already filed a tax return, you may need to file an amended return.