Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. The IRS is implementing this major tax legislation that will affect both individuals and businesses. We will provide information and guidance to taxpayers, businesses and the tax community as it becomes available.

NPRM - REG-110059-20, Ownership Attribution Under Section 958 for Purposes of Sections 367(a) and 954(c)(6)

NPRM-REG-124737-19, Coordination of Extraordinary Disposition and Disqualified Basis Rules PDF

NPRM-REG-116475-19, Rollover Rules for Qualified Plan Loan Offset Amounts PDF

REG-107213-18, Guidance under Section 1061; Notice of Proposed Rulemaking PDF

REG-132766-18, Small Business Taxpayer Exceptions Under Sections 263A, 448, 460 and 471 PDF

NPRM-REG-112042-19, Excise Taxes; Transportation of Persons by Air; Transportation of Property by Air; Aircraft Management Services

NPRM-REG-107911-18, Proposed regulations under section 163(j) PDF

NPRM-REG-127732-19, Guidance under Section 954(b)(4) Regarding Income Subject to a High Rate of Foreign Tax

NPRM-REG-125716-18, Consolidated Net Operating Losses

NPRM-REG-119307-19, Qualified Transportation Fringe, Transportation and Commuting Expenses under Section 274

NPRM-REG-117589-18, Statutory limitations on like kind exchanges

NPRM-REG-118997-19, Dependent Defined; Notice of Proposed Rulemaking and Partial Withdrawal of Notice of proposed rulemaking

NPRM-REG-122345-18, Tax on Excess Tax-Exempt Organization Executive Compensation

NPRM-REG-100320-20, Income Tax Withholding on Certain Periodic Retirement and Annuity Payments Under Section 3405(a)

NPRM-REG-124810-19, Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction

NPRM-REG-124327-19, Rehabilitation Credit Allocated over a 5-Year Period

NPRM-REG-104591-18, Denial of Deduction for Certain Fines, Penalties, and Other Amounts; Information With Respect To Certain Fines, Penalties, and Other Amounts

NPRM-REG-118295-18, Effect of 67(g) on Trusts and Estates

NPRM-REG-106864-18, Unrelated Business Taxable Income Separately Computed for Each Trade or Business

NPRM-REG-106013-19, Guidance Involving Hybrid Arrangements and the Allocation of Deductions Attributable to Certain Disqualified Payments under Section 951A (Global Intangible Low-Taxed Income)

NPRM-REG-132529-17, Computation and Reporting of Reserves for Life Insurance Companies

NPRM-REG-100814-19, Meals and Entertainment Expenses Under Section 274

NPRM-REG-132741-17, Income Tax Withholding from Wages

NPRM-REG-125710-18, Revised Applicability Dates for Regulations under Section 382(h) Related to Built-in Gain and Loss 

NPRM-REG-100956-19, Source of Income from Certain Sales of Personal Property

NPRM-REG-122180-18, Certain Employee Remuneration in Excess of $1,000,000 under IRC Section 162(m)

NPRM-REG-107431-19, Treatment of Payments to Charitable Entities in Return for Consideration

NPRM-REG-112607-19, Guidance on Base Erosion and Anti-Abuse Tax

NPRM-REG-105495-19, Foreign Tax Credit 

NPRM-REG-131071-18, Eligible Terminated S Corporations PDF

NPRM-REG-117062–18, Electing Small Business Trusts With Nonresident Aliens as Potential Current Beneficiaries

REG-128246-18, Contribution Limits Applicable to ABLE Accounts

NPRM-REG-104223-18, Ownership attribution under section 958

NPRM-REG-106808-19, Additional First Year Depreciation Deduction

REG-125710-18, Regulations under Section 382(h) Related to Built-in Gain and Loss

REG-104870-18, Taxable Year of Income Inclusion under an Accrual Method of Accounting

REG-104554-18, Advance Payments for Goods, Services, and Other Items

REG-101378-19, Determination of the Maximum Value of a Vehicle for Use with the Fleet-average and Vehicle Cents-per-mile Valuation Rules

REG-105474-18, Guidance on Passive Foreign Investment Companies PDF

REG-106877-18, Guidance on the Determination of the Section 4968 Excise Tax Applicable to Certain Private Colleges and Universities

REG-118425-18, Section 199A Rules for Cooperative and their Patrons

REG-101828-19, Guidance under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income)

REG-106282-18, Limitation on Deduction for Dividends Received from Certain Foreign

REG-105476-18, Withholding of Tax and Information Reporting with Respect to Interests in Partnerships Engaged in the Conduct of a U.S. Trade or Business PDF

REG-120186-18 NPRM, Investing in Qualified Opportunity Funds PDF

REG-120186-18, Request for Information on Data Collection and Tracking for Qualified Opportunity Zones PDF

REG-103083-18, Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules

REG-104464-18, Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income PDF

REG-106706-18, Estate and Gift Taxes; Differences in the Basic Exclusion Amount

REG-104352-18, Rules Regarding Certain Hybrid Arrangements PDF

REG-134652-18, NPRM - Qualified Business Income Deduction PDF

REG-113604-18, Gain or Loss of Foreign Persons from Sale or Exchange of Certain Partnership Interests PDF

REG-104259-18, Base Erosion and Anti-Abuse Tax

REG-104872-18, Removal of Regulations on Advance Payments for Goods and Long-Term Contracts PDF

REG-105600-18, Guidance Related to the Foreign Tax Credit, Including Guidance Implementing Changes Made by the Tax Cuts and Jobs Act

REG-106089-18, Limitation on Deduction for Business Interest Expense

REG-107163-18, Regulations to Prescribe Return and Time for Filing for Payment of Section 4960, 4966, 4967, and 4968 Taxes and to Update the Abatement Rules for Section 4966 and 4967 Taxes (TCJA added sections 4960 , Tax on excess tax-exempt organization executive compensation and 4968, Excise tax based on investment income of private colleges and universities to the Tax Code

REG-103163-18, Modification of Discounting Rules for Insurance Companies

REG-115420-18 (rescheduled), Investing in Qualified Opportunity Funds; Hearing

REG-115420-18, Investing in Qualified Opportunity Funds

REG-114540-18, Amount Determined Under Section 956 for Corporate United States Shareholders

REG-104390-18, Guidance Related to Section 951A (Global Intangible Low-Taxed Income)

REG-112176-18, Contributions in Exchange for State or Local Tax Credits

REG-107892-18, Qualified Business Income Deduction (Income tax deduction for passthroughs)

REG-104397-18, Additional First Year Depreciation Deduction (Bonus Depreciation for Certain Property) PDF

REG-104226-18, Guidance Regarding the Transition Tax Under Section 965 and Related Provisions

REG-103474-18, Tax Return Preparer Due Diligence Penalty under Section 6695(g) (Expands the scope of the tax return preparer due diligence penalty so that it applies with respect to eligibility to file a return or claim for refund as head of household.) PDF

TD 9919, Gain or Loss of Foreign Persons from Sale or Exchange of Certain Partnership Interests  PDF

TD 9918, Effect of Section 67(g) on Trusts and Estates PDF

TD 9917, Guidance on the Determination of the Section 4968 Excise Tax Applicable to Certain Colleges and Universities PDF

TD 9916, Additional First Year Depreciation Deduction PDF

TD 9915, Rehabilitation Credit Allocated Over a 5-Year Period

TD 9914, Eligible Terminated S Corporations PDF

TD 9913, Dependent Defined PDF

TD 9912, Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction PDF

TD 9911, Computation and Reporting of Reserves for Life Insurance Companies PDF

TD 9910, Additional Rules Regarding Base Erosion and Anti-Abuse Tax PDF

TD 9909, Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception PDF

TD 9908, Ownership Attribution Under Section 958 Including for Purposes of Determining Status as Controlled Foreign Corporation or United States Shareholder

TD 9907, Treatment of Payments to Charitable Entities in Return for Consideration PDF

TD 9905, Final Regulations under section 163(j) PDF

TD 9902, Guidance under Sections 951A and 954 Regarding Income Subject to a High Rate of Foreign Tax

TD 9899, Qualified Business Income Deduction

TD 9896, Hybrid Arrangements and the Allocation of Deductions Attributable to Certain Disqualified Payments under Section 951A (Global Intangible Low-Taxed Income)

TD 9889, Investing in Qualified Opportunity Funds

TD 9885, Final Regulations on Base Erosion and Anti-Abuse Tax

TD 9884, Estate and Gift Taxes; Difference in the Basic Exclusion Amount

TD 9883, Determination of the Maximum Value of a Vehicle for Use with the Fleet-Average and Vehicle Cents-Per-Mile Valuation Rules

TD 9882, Foreign Tax Credit

TD 9879, Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules

TD 9874, Additional First Year Depreciation under Section 168k

TD 9870, Removal of Regulations on Advance Payments for Goods and Long-Term Contracts

TD 9868, Electing Small Business Trusts With Nonresident Aliens as Potential Current Beneficiaries

TD 9865, Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception

TD-9866, Guidance Related to Section 951A (Global Intangible Low-Taxed Income) and Certain Guidance Related to Foreign Tax Credits

TD 9846, (c)(2) Calculation discount rate/unpaid loss and salvage discount factors

TD 9864, Contributions in Exchange for State or Local Tax Credits

TD 9859, Amount Determined Under Section 956 for Corporate United States Shareholders

TD 9855, Regulations specifying which return to use to pay certain excise taxes and the time for filing the return

TD REG-107892-18, Qualified Business Income Deduction PDF

TD 9847, Qualified Business Income Deduction

TD 9846, Regulations Regarding the Transition Tax Under Section 965 and Related Provisions

TD 9842, Tax Return Preparer Due Diligence Penalty Under Section 6695(g)

Rev. Proc. 2020-39, Corporate tax rate - normalization, public utilities PDF

Rev. Proc. 2020-25, guidance allowing a taxpayer to change its depreciation under section 168 for certain qualified improvement property PDF

Rev. Proc. 2020-22, Tax Relief Regarding the Business Interest Expense Deduction Limitation PDF

Rev. Proc. 2020-13, Small Farmers Accounting Method Change under 263A PDF

Rev. Proc. 2019-48, Per diem rates for business travelers and their employers PDF

Rev. Proc. 2019-46, Standard mileage rate and other miscellaneous deductions PDF

Rev. Proc. 2019-40, Guidance related to the repeal of section 958(b)(4) PDF

Rev. Proc. 2019-38, IRS finalizes safe harbor to allow rental real estate to qualify as a business for qualified business income deduction PDF

Rev. Proc. 2019-37, Changes in accounting periods and in methods of accounting PDF

Rev. Proc. 2019-34, Changes in accounting periods and in methods of accounting  PDF

Rev. Proc. 2019-33, Additional first year depreciation PDF

Rev. Proc. 2019-31, Rulings and determination letters PDF

Rev. Proc. 2019-30, Changes in accounting periods and in methods of accounting PDF

Rev. Proc. 2019-26, Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability (Tables of limitations on depreciation deductions for owners of passenger automobiles) PDF

Rev. Proc. 2019-13, Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability PDF

Rev. Proc. 2019-12, Business expenses PDF

Rev. Proc. 2019-11, Determination of W-2 Wages PDF

Rev. Proc. 2019-10, Changes in accounting periods and in methods of accounting PDF

Rev. Proc. 2019-08, Time and manner of making election PDF

Rev. Proc. 2019-06, Rulings and determination letters PDF

Rev. Proc. 2018-60, Changes in accounting periods and methods of accounting PDF

Rev. Proc. 2018-59, Limitation on Deduction for Business Interest Expense PDF

Rev. Proc. 2018-57, Inflation adjustments PDF

Rev. Proc. 2018-48, Examination of returns and claims for refund, credit or abatement; determination of correct tax liability PDF

Rev. Proc. 2018-47, Examination of returns and claims for refund, credit or abatement; determination of correct tax liability PDF

Rev. Proc 2018-44, Corporate Methods of Accounting PDF

Rev. Proc. 2018-40, Changes in accounting periods and methods of accounting PDF

Rev. Proc. 2018-35, Changes in accounting periods and in methods of accounting (Expensing of certain cost of replanting citrus plants lost by reason of casualty.) PDF

Rev. Proc. 2018-31, Changes in accounting periods and in methods of accounting PDF

Rev. Proc. 2018-30, Tax forms and instructions PDF

Rev. Proc. 2018-29, New automatic method changes to conform with FASB Topic 606 (Provides new automatic method changes and requests comments on those new changes and on future guidance for taxpayers changing their method of accounting to comply with amended § 451.) PDF

Rev. Proc. 2018-27, Modifies the annual limitation on deductions for contributions to Health Savings Accounts (HSAs) allowed for individuals with family coverage under a high deductible health plan (HDHP) (PDF) PDF

Rev. Proc. 2018-26, 601 Rules and regulations - certain remedial actions that issuers of State and local tax-exempt bonds and other tax-advantaged bonds may take PDF

Rev. Proc. 2018-25, Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability (Depreciation of passenger automobiles under 280F.) PDF

Rev. Proc. 2018-22, Tax forms and instructions PDF

Rev. Proc. 2018-18, Modifying certain 2018 cost-of-living adjustments

Rev. Proc. 2018-17, Requests by certain foreign corporations for changes in annual accounting periods PDF

Rev. Proc. 2018-16, Qualified Opportunity Zones PDF

Notice 2020-69, S Corporation Guidance under Section 958 (Rules for Determining Stock Ownership) and Guidance Regarding the Treatment of Qualified Improvement Property under the Alternative Depreciation System for Purposes of the QBAI Rules for FDII and GILTI PDF

Notice 2020-58, Provides temporary relief from certain requirements under § 47 of the Internal Revenue Code in response to the ongoing Coronavirus Disease 2019 (COVID-19) pandemic PDF

Notice 2020-59, A notice with proposed revenue procedure regarding trades or businesses that operate certain skilled nursing facilities PDF

Notice 2019-46, Domestic Partnerships and S Corporations Filing Under Proposed GILTI Regulations PDF

Notice 2019-42, Amplification of Notice 2018-48 to Include Additional Puerto Rico Designated Qualified Opportunity Zones PDF

Notice 2020-39, Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Coronavirus Disease 2019 PDF

Notice 2019-33, Request for Comments on Necessary Clarifications to Normalization Requirements for Excess Tax Reserves Resulting from the Corporate Tax Rate Decrease PDF

Notice 2019-27, Methods for Calculating W-2 Wages for Purposes of Section 199A(g) PDF

Notice 2019-25, Relief from Addition to Tax for Underpayment of Estimated Income Tax by an Individual PDF

Notice 2019-17, Relief from Addition to Tax for Underpayment of Estimated Income Tax PDF

Notice 2019-12, Guidance Providing a Safe Harbor Under Section 164 for Certain Individuals Who Make a Payment to or for the Use of an Entity Described in Section 170(c) in Return for a State or Local Tax Credit PDF

Notice 2019-11, Relief from Addition to Tax for Underpayment of Estimated Income Tax by an Individual PDF

Notice 2019-09, Interim Guidance Under Section 4960 PDF

Notice 2019-08, Maximum Values For 2018 For Use With Vehicle Cents-Per-Mile and Fleet-Average Valuation Rules PDF

Notice 2019-07, Section 199A Trade or Business Safe Harbor: Rental Real Estate PDF

Notice 2019-05, Individual Shared Responsibility Payment Hardship Exemptions that May Be Claimed on a Federal Income Tax Return Without Obtaining a Hardship Exemption Certification from the Marketplace for the 2018 Tax Year PDF

Notice 2019-01, Previously Taxed Earnings and Profits Accounts PDF

Notice 2018-100, Relief from Additions to Tax for Underpayment of Estimated Income Tax for Tax-Exempt Organizations That Provide Certain Qualified Transportation Fringes PDF

Notice 2018-99, Parking Expenses for Qualified Transportation Fringes Under § 274(a)(4) and § 512(a)(7) of the Internal Revenue Code PDF

Notice 2018-97, Guidance on the Application of Section 83(i) PDF

Notice 2018-92, Interim Guidance and Request for Comments on Income Tax Withholding from Wages and from Retirement and Annuity Distributions PDF

Notice 2018-84, Guidance under §§ 36B, 5000A, and 6011 on the suspension of personal exemption deductions PDF

Notice 2018-80, Guidance Under Section 451(b) Relating to Market Discount PDF

Notice 2018-78, Additional Guidance Under Section 965 PDF

Notice 2018-76, Expenses for Business Meals Under § 274 of the Internal Revenue Code PDF

Notice 2018-75, Guidance under Section 132(g) for the Exclusion from Income of Qualified Moving Expense Reimbursements (PDF) PDF

Notice 2018-74, Safe Harbor Explanations - Eligible Rollover Distributions PDF

Notice 2018-71, Employer Credit for Paid Family and Medical Leave PDF

Notice 2018-70, Guidance on Qualifying Relative and the Exemption Amount PDF

Notice 2018-68, Guidance on the Application of Section 162(m) PDF

Notice 2018-67, Request for Comments Regarding the Calculation of Unrelated Business Taxable Income under § 512(a)(6) for Exempt Organizations with More than One Unrelated Trade or Business PDF

Notice 2018-64, Methods for Calculating W-2 Wages for Purposes of Section 199A PDF

Notice 2018-63, Amplification and Modification of Safe Harbor Method for Participants in the HFA Hardest Hit Fund PDF

Notice 2018-62, Guidance on the Contribution Limits Applicable to ABLE Accounts PDF

Notice 2018-61, Clarification Concerning the Effect of Section 67(g) on Trusts and Estates (Clarifies the effect of newly enacted section 67(g) on the deductibility of certain expenses that are incurred by estates and non-grantor trusts) PDF

Notice 2018-58, Guidance on Recontributions, Rollovers and Qualified Higher Education Expenses under Section 529 PDF

Notice 2018-55, Guidance on the Calculation of Net Investment Income for Purposes of the Section 4968 Excise Tax Applicable to Certain Private Colleges and Universities PDF

Notice 2018-54, Guidance on Certain Payments Made in Exchange for State and Local Tax Credits PDF

Notice 2018-48, Designated Qualified Opportunity Zones under Internal Revenue Code § 1400Z-2 PDF

Notice 2018-43, Public Comment Invited on Recommendations for 2018-2019 Priority Guidance Plan PDF

Notice 2018-42, Update of 2018 Standard Mileage Rates Notice PDF

Notice 2018-41, Information Reporting for Certain Life Insurance Contract Transactions and a Modification to the Transfer for Valuable Consideration Rules PDF

Notice 2018-38, 2018 Fiscal-year Blended Tax Rates for Corporations PDF

Notice 2018-37, Guidance in Connection with the Repeal of Section 682 (Tax Treatment of alimony and separate maintenance payments.) PDF

Notice 2018-35, Changes in accounting periods and method of accounting  (Transitional guidance regarding new section 451(c), which allows accrual method taxpayers to elect a limited deferral of the inclusion of income associated with certain advance payments.) (PDF) PDF

Notice 2018-30, Modification of Notice 2003-65 (Effect of first year depreciation on recognized built-in gains and recognized built-in losses.) PDF

Notice 2018-29, Guidance Regarding the Implementation of New Section 1446(f) for Partnership Interests That Are Not Publicly Traded (Withholding on dispositions.) PDF

Notice 2018-28, Initial Guidance Under Section 163(j) as Applicable to Taxable Years Beginning After December 31, 2017 (Limitation on deduction of business interest expense.) PDF

Notice 2018-26, Additional Guidance Under Section 965; Guidance Under Sections 62, 962, and 6081 in Connection With Section 965; and Penalty Relief Under Sections 6654 and 6655 in Connection with Section 965 and Repeal of Section 958(b)(4) (Treatment of deferred foreign income including relief from estimated tax penalties.) PDF

Notice 2018-23, Transitional Guidance Under §§ 162(f) and 6050X with Respect to Certain Fines, Penalties, and Other Amounts (Denial of deduction for fines or penalties for violation of the law.) PDF

Notice 2018-18, Guidance Under Section 1061, Partnership Interests Held in Connection with Performance of Services PDF

Notice 2018-15, New Clean Renewable Energy Bonds PDF

Notice 2018-14, Guidance on Withholding Rules PDF

Notice 2018-13, Additional Guidance Under Section 965 and Guidance Under Sections 863 and 6038 in Connection with the Repeal of Section 958(b)(4) (Guidance regarding deferred foreign income.) PDF

Notice 2018-08, Revised Timeline and Other Guidance Regarding the Implementation of New Section 1446(f) PDF

Notice 2018-07, Guidance under Section 965 (Deferred Foreign Income Corporations) PDF

Notice 2018-03, 2018 Standard Mileage Rates PDF

Notice 1036, Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding PDF