November 22, 2021
Internal Revenue Bulletin: 2021-47
Rev. Rul. 2021-22 Section 995.—Taxation of DISC Income to Shareholder
Notice 2021-61 2022 Limitations Adjusted as Provided in Section 415(d), etc.
Rev. Proc. 2021-46 This procedure provides specifications for the private printing of red-ink substitutes for the 2021 Forms W-2 and W-3.
Actions Relating to Court Decisions
The Commissioner does NOT ACQUIESCE in the following decision:
Mayo Clinic v. United States, 997 F.3d 789 (8th Cir. 2021).1
1 Nonacquiescence to the holding invalidating Treas. Reg. § 1.170A-9(c)(1)’s requirement that the primary function of an educational organization described in section 170(b)(1)(A)(ii) must be the presentation of formal instruction.
November 22, 2021
IRS resources help taxpayers determine if an offer in compromise is the right way to resolve tax debt
November 22, 2021
REG-109128-21, Notice of proposed rulemaking, Information Reporting of Health Insurance Coverage and Other Issues under §§ 5000A, 6055, and 6056
November 23, 2021
Rev. Rul. 2021-24 Section 6621.--Determination of Rate of Interest
November 23, 2021
Interest rates remain the same for the first quarter of 2022
The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning January 1, 2022.
November 23, 2021
The Internal Revenue Service this week launched a new Spanish-language version of the Child Tax Credit Update Portal (CTC-UP).
November 23, 2021
IRS Tax Tip - What small business owners should know about the depreciation of property deduction
November 26, 2021
e-News for Small Business Issue 2021-16