Financial Assistance, Compliance Requirements 6 Jan 2025 proposed regulations, tax credit, refueling property, alternative fuel, low-income communities, irs

🚗Hearing Notice for Alternative Fuel Vehicle Tax Credit Regulations

This document provides a notice of public hearing on proposed regulations regarding the Federal Income tax credit under the Inflation Reduction Act of 2022 for certain costs relating to qualified alternative fuel vehicle refueling property that is placed in service within a low-income community or within a non-urban census tract.

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Compliance, Regulatory Requirements 2 Jan 2025 regulation, designated drugs, excise taxes, compliance, healthcare, excise tax, irs

💼Proposed Regulations on Excise Tax for Designated Drugs

This document contains proposed regulations relating to the excise tax on certain sales of designated drugs by manufacturers, producers, and importers during statutorily defined periods. The proposed regulations would provide substantive rules that relate to the imposition and calculation of the tax. The proposed regulations would affect manufacturers, producers, and importers of designated drugs that sell such drugs during statutorily defined periods.

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Notice 2 Jan 2025 comment request, government payments, form 1099-g, paperwork reduction, irs

📋IRS Notice

The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning Form 1099-G, Certain Government Payments.

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Regulatory Compliance, Financial Impact 3 Jan 2025 irs, gsa, travel expenses, privately owned vehicles, mileage reimbursement, government policy

🚗CY 2025 Privately Owned Vehicle Mileage Reimbursement Rates Update

GSA is updating the mileage reimbursement rate for privately owned automobiles (POA), airplanes, and motorcycles as required by statute. This information will be available in FTR Bulletin 25-04, which can be found on GSA's website at https://gsa.gov/ftrbulletins.

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Compliance, Financial Assistance 3 Jan 2025 irs, qualified electric vehicle credit, business compliance, financial regulations, tax forms

⚡IRS Request for Comments on Electric Vehicle Credit Information Collection

The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning information collection requirements related to the qualified electric vehicle credit.

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