Tax Cuts and Jobs Act Guidance: Revenue Rulings

Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. The IRS implemented this major tax legislation that affects both individuals and businesses. 

• Rev. Rul. 2023-08, Research and experimental expenditures; in general. (Also §§ 446, 7805(b)(8); 1.174-3, 1.446-1, 301.7805-1) PDF
• Revenue Ruling 2020-19, Rules for certain reserves
• Rev. Rul. 2020-05, Section 1016 - Adjustments to Basis of Insurance Contracts PDF
• Rev. Rul. 2019-13, Section 1368—Distributions PDF
• Rev. Rul. 2019-11, 26 CFR 1.111-1: Recovery of certain items previously deducted or credited. (Also: § 164; 1.164-1.) PDF
• Rev. Rul. 2018-29, Section 1400Z-2 — Special Rules for Capital Gains Invested in Opportunity Zones PDF
• Rev. Rul. 2018-13, Section 807 — Rules for Certain Reserves (This information is to be used by insurance companies in computing reserves.) PDF
• Rev. Rul. 2018-11, Section 1274A — Special Rules for Certain Transactions Where Stated Principal Amount Does Not Exceed $2,800,000 (2018 adjustment for inflation under § 1274A for qualified and cash method debt instruments.) PDF