The number of returns filed for the week ended February 17 was up. 2.6 percent from the season to date Feb. 18, 2022, the Internal Revenue Service said this week.

 Regulations that lower the threshold for the number of returns annully filed by each business from 250 to 10 in 2024 have been issued by the Internal Revenue Service. The new regulations also require aggregating a variety of information return types to determine applicabillity.

The Internal Revenue Service has provided interim guidance for insurance companies and certain other taxpayers for the new corporate alternative minimum tax.