Treasury, IRS issue proposed regulations on Tribal General Welfare Benefits IR-2024-237, Sept. 13, 2024 — Today the Department of the Treasury and the Internal Revenue Service issued proposed regulations for Tribal General Welfare Benefits. Section 139E of the Internal Revenue Code was enacted by the Tribal General Welfare Exclusion Act of 2014 (Act) and excludes from gross income the value of any Tribal General Welfare Benefit. IRS provides relief to Francine victims in all of Louisiana; various deadlines postponed to Feb. 3, 2025 IR-2024-236, Sept. 13, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in the entire state of Louisiana, affected by Tropical Storm Francine that began on Sept. 10, 2024. IRS issues proposed regulations for Corporate Alternative Minimum Tax IR-2024-235, Sept. 12, 2024 — The Internal Revenue Service today issued proposed regulations to provide guidance on the Corporate Alternative Minimum Tax. IRS provides relief to victims of severe storms and flooding in Connecticut and New York; various deadlines postponed to Feb. 3, 2025 IR-2024-234, Sept. 10, 2024 — The Internal Revenue Service announced today tax relief for individuals and businesses in Connecticut and New York affected by severe storms and flooding from torrential rainfalls that began on Aug. 18, 2024. Some communities in western Connecticut also experienced landslides and mudslides from these storms. U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives IR-2024-233, Sept. 6, 2024 — Today, U.S. Secretary of the Treasury Janet L. Yellen and Commissioner of the Internal Revenue Service Danny Werfel are delivering remarks at the Austin, Texas, IRS campus to announce new milestones under Inflation Reduction Act initiatives to ensure wealthy individuals pay taxes owed, improve service for taxpayers through the Digital First Initiative and modernize foundational technology. Treasury and IRS request comments on issues related to Saver’s Match contributions IR-2024-232, Sept. 5, 2024 — The Department of the Treasury and the Internal Revenue Service today issued a notice requesting comments on Saver’s Match contributions to be paid by Treasury under the SECURE 2.0 Act of 2022. IRS reminder: Third estimated tax payment due Sept. 16; disaster-area taxpayers have more time IR-2024-231, Sept. 5, 2024 — The Internal Revenue Service today reminded taxpayers the deadline to submit their third quarter estimated tax payment is Sept. 16, 2024. Funding from the Inflation Reduction Act improves taxpayer service with modern online tools IR-2024-230, Sept. 4, 2024 — With the funding from the Inflation Reduction Act (IRA), the Internal Revenue Service continues to modernize online tools for taxpayers to take advantage of clean energy credits. Reminder: September is National Preparedness Month; taxpayers should prepare for natural disasters IR-2024-229, Sept. 3, 2024 — With the peak of hurricane season arriving and an elevated wildfire risk across much of the West, the Internal Revenue Service reminds taxpayers to develop an emergency preparedness plan or, if they already have one, to update it for 2024. News release and fact sheet archive Find previous year news releases and fact sheets from 1997 through last month.
