Internal Revenue Bulletin:  2009-14 

April 6, 2009 

INCOME TAX


Rev. Rul. 2009-9 Rev. Rul. 2009-9

Tax treatment of losses. This ruling addresses the tax treatment of losses from criminally fraudulent investment arrangements that take the form of “Ponzi” schemes. Rev. Rul. 71-381 obsoleted in part.

Rev. Rul. 2009-10 Rev. Rul. 2009-10

Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for April 2009.

Rev. Proc. 2009-19 Rev. Proc. 2009-19

This procedure provides guidance to taxpayers on electing the 3, 4, or 5-year carryback of net operating losses of small businesses under section 1211 of the American Recovery and Reinvestment Tax Act of 2009.

Rev. Proc. 2009-20 Rev. Proc. 2009-20

This procedure provides an optional safe harbor method for eligible taxpayers to deduct theft losses from criminally fraudulent investment arrangements that take the form of “Ponzi” schemes.


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