Evan Walters

Jan 22, 2025 | natlawreview.com | Evan Walters

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January 10, 2025. January 6, 2025: The IRS released Internal Revenue Bulletin 2025-2, which includes Announcement 2025-2. The announcement states that, if finalized, certain portions of proposed regulations on required minimum distributions under Section 401(a)(9) of the Internal Revenue Code (Code) will not apply before the 2026 distribution calendar year.

Jan 2, 2025 | jdsupra.com | Evan Walters

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 16 – 20, 2024. December 16, 2024: The IRS released Internal Revenue Bulletin 2024-51, which includes the following: Treasury Decision 10009, which provides guidance regarding the advanced manufacturing investment credit under § 48D of the Internal Revenue Code (Code). The guidance reflects changes made by the CHIPS Act of 2022.

Dec 18, 2024 | jdsupra.com | Evan Walters

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for November 25, 2024 – December 13, 2024. November 25, 2024: The IRS released Treasury Decision 10011, which modifies the regulations governing the sale of a taxpayer’s property that the IRS seizes by levy. The modified regulations allow the IRS to maximize sale proceeds for the benefit of the taxpayer and the public fisc.

Oct 24, 2024 | natlawreview.com | John Hargrove |Anne R. Yuengert |Kevin Spencer |Evan Walters

As you navigate the rapidly-evolving manufacturing landscape, the pace of change – from digital disruption to supply chain resiliency to the ubiquity of AI – has never been greater. In Foley’s 2024 Manufacturing Manual, authors from diverse practices and perspectives will release weekly articles that provide a comprehensive “end-to-end” analysis of the manufacturing industry’s legal landscape.

Oct 15, 2024 | natlawreview.com | Jaimy Alarcon |James Baller |Kevin Spencer |Evan Walters

In August, the FCC’s Public Safety and Homeland Security Bureau announced that the Commission’s 911 Reliability Certification System is open for filing annual reliability certifications. Under FCC rules, covered 911 services providers must take reasonable measures to provide reliable 911 service with respect to (i) 911 circuit diversity; (ii) central office backup power; and (iii) diverse network monitoring.