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Internal Revenue Bulletin:  2016-22 

May 31, 2016 

ADMINISTRATIVE


Rev. Proc. 2016–26Rev. Proc. 2016–26

The revenue procedure provides guidance with respect to median gross income figures used by issuers of qualified mortgage bonds as defined in section 143(a) and issuers of mortgage credit certificates as defined in section 25(c).

Rev. Proc. 2016–32Rev. Proc. 2016–32

Revenue Procedure 2016–32 modifies Revenue Procedure 2016–8 by reducing the user fee listed in in Rev. Proc. 2016–8 for Form 1023–EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, from $400 to $275.


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