IRS Issues Proposed Regulations on the Long|term

New IRS, Treasury guidance focuses on “basis shifting” transactions ...

FS-2024-21, June 17, 2024 — The Department of the Treasury and the Internal Revenue Service today issued guidance on the inappropriate use ...

US IRS issues new proposed regulations that limit or modify ... - EY

New proposed regulations modify the timing within which a foreign currency mark-to-market election can be made or revoked, likely preventing taxpayers from ...

Treasury issues long-anticipated proposed regulations on CAMT

On Sept. 12, 2024, the IRS and Treasury released a notice of proposed rulemaking, REG-112129-23 (the Proposed Regulations), which proposes ...

Treasury and IRS Issue Final Regulations on Section 45X | Insights

The Final Regulations modify the proposed regulations that were published in December 2023 in a number of significant and taxpayer-favorable ...

Long-Awaited IRS Proposed Regulations for Long-Term Part-Time ...

On November 24, 2023, the Internal Revenue Service (IRS) released proposed regulations concerning the long-term part-time (LTPT) employee ...

IRS Issues Proposed Regulations for Carried Interest

When enacted in 2017, Section 1061 extended the holding-period requirements from one year to three years for taxpayers to receive long-term ...

Treasury and IRS Release Long-Awaited Proposed Regulations on ...

Summary On November 17, 2023, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued a notice of ...

IRS releases proposed regulations on the corporate ... - Davis Polk

On September 12, 2024, the US Treasury Department and the Internal Revenue Service released proposed regulations addressing the application of the corporate ...

Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees ...

Notice 2024-73 also announces that the final regulations the Treasury Department and the IRS plan to issue for 401(k) plans on long-term, part- ...

IRS Issues Long Awaited Final RMD Regulations

In the time since the Proposed Regulations were issued, the IRS has extended temporary relief for certain distribution requirements through 2024 ...

Treasury and IRS Issue Proposed Regulations on Corporate ...

The Proposed Regulations are likely to remain in proposed form for many months and the final regulations may be substantially different, ...

Latest regulatory agenda offers few surprises for retirement plans

IRS's agenda includes proposed regulations on this relief, targeted for April of 2022. This proposal will update IRS's 2019 proposal, which was issued before ...

IRS Issues Guidance for Long-Term, Part-Time Employees in 403(b ...

"This guidance is only saying those final rules won't be effective until 2026; it does not delay the effective date of the whole provision," ...

IRS Issues New Proposed UBIT "Silo" Regulations for Nonprofits

The proposed regulations state the IRS's intent to issue future additional proposed regulations regarding how a nonprofit's general overhead ...

IRS Issues Proposed Regulations on Donor-Advised Funds

Proposed regulations issued by the IRS on November 13, 2023, provide a definition of a donor-advised fund, exceptions to what's a donor-advised fund, and ...

IRS Issues Final Regulations Providing Guidance on Hybrid ...

The Internal Revenue Service (IRS) issued final regulations relating to hybrid retirement plans, including cash balance plans and pension equity plans.

Treasury Releases Proposed Regulations on 15% Corporate ...

The Treasury Department and the IRS have released long-awaited proposed regulations (the “Proposed Regulations”) on the 15% corporate minimum ...

Treasury Proposes Rules on Corporate Alternative Minimum Tax (2)

The proposed rules (REG 112129-23, RIN 1545-BQ84) move companies' attempts to comply with the corporate alternative minimum tax, or CAMT, into a ...

IRS Issues Proposed Regulations Redefining Dependent for ...

The IRS has issued proposed regulations that redefine the term 'dependent' under the Internal Revenue Code. In particular, the proposed ...

IRS Issues Final and Proposed Regulations on Hybrid Pension Plans

The IRS recently issued long-awaited final regulations on hybrid pension plans, along with proposed transitional relief for hybrid pension ...