The IRS has issued Revenue Ruling 2024-17 which contains the applicable federal rates (AFR) for September 2024.
The Internal Revenue Service (IRS) has released final regulations that revise existing rules that apply to required minimum distributions (RMDs).
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms and flooding in Minnesota.
The Federal Emergency Management Agency issued a Major Disaster Declaration on August 10, 2024, for Florida hurricane Debby.
The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Debby in South Carolina.
The IRS has announced the postponement of certain tax-related deadlines for victims of tropical storm Debby.
The IRS has announced the postponement of certain tax-related deadlines for victims of hurricane Debby in Georgia.
The IRS has announced the postponement of certain tax-related deadlines for victims of tropical storm Debby in North Carolina.
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, tornadoes, landslides, and mudslides in Kentucky.
The Internal Revenue Service has issued Notice 2024-55, providing guidance on two provisions permitted under the SECURE 2.0 Act of 2022 (SECURE 2.0); emergency personal expense distributions and domestic abuse victim distributions.