Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Instructions for Form 1040
Request for Taxpayer Identification Number (TIN) and Certification
Request for Transcript of Tax Return

 

Employee's Withholding Allowance Certificate
Employer's Quarterly Federal Tax Return
Employers engaged in a trade or business who pay compensation
Installment Agreement Request

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Son of Boss Settlement Initiative — FAQs

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Revised, Expanded and Renumbered — 6/3/04
Items 2a.9, 2b.14-17, 4a.3-4 added — 6/14/04

(These FAQs are grouped and numbered by the sections of Announcement 2004-46 to which they relate.)

Section 1 — Purpose and Scope of Initiative (Q&A 1.1)

Section 2 — Terms of Initiative

(a) Tax Adjustments (Q&As 2a.1 - 2a.9)
(b) Application of Penalties (Q&As 2b.1 - 2b.17)

Section 3 — Eligibility Requirements (Q&As 3.1 - 3.9)

Section 4 — Required Procedures for Electing Participants

(a) Notice of Election (Q&As 4a.1 - 4a.4)
(b) Additional Information and Documentation – 60 days (Q&As 4b.1 - 4b.4)
(c) Closing Agreement and Payment – 30 days (Q&As 4c.1 - 4c.4)

Additional Questions (Q&As Misc.1 - Misc.8)

Related Items:

  • Son of Boss Settlement Initiative FAQs (PDF 174K) — all FAQs in one file
  • Announcement 2004-46 (PDF 68K)
  • IR-2004-64 — IRS Offers Settlement for Son of Boss Tax Shelter