Data / Federal rules / 2024-29074
Rules for Supervisory Approval of Penalties
The Internal Revenue Service published this final rule in the Federal Register on December 23, 2024. It took effect on December 23, 2024.
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What the agency says
This document contains final regulations regarding supervisory approval of certain penalties assessed by the IRS. The final regulations are necessary to address uncertainty regarding various aspects of supervisory approval of penalties that have arisen due to recent judicial decisions. The final regulations affect the IRS and persons assessed certain penalties by the IRS.
Key facts
- Document number
- 2024-29074
- Type
- Final rule
- Action
- Final regulation
- Agency
- Treasury Department; Internal Revenue Service
- Published
- December 23, 2024
- Takes effect
- December 23, 2024
- Dates
- Effective Date: These regulations are effective December 23, 2024.
- Docket
- TD 10017
- Regulation ID (RIN)
- 1545-BP63
- Code of Federal Regulations
- 26 CFR 301
- Topics
- Employment taxes; Estate taxes; Excise taxes; Gift taxes; Income taxes; Penalties; Reporting and recordkeeping requirements
- Pages
- 7
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Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.