Iowa State University
INDEX A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

College of Agriculture and Life Sciences


Center for Agricultural Law and Taxation

IRS Reading Room

  • IRS Issues Final Regulations That Clarify Rules For Stock and Asset Transfers After a Reorganization - The IRS has amended regulations issued last fall concerning stock and asset transfers following a corporate reorganization…(more)

  • IRS Issues Notice 2008-46 - Guidance on Preparer Penalties - On April 16, the IRS issued an advance copy of Notice 2008-46 which will be published in the May 5 Internal Revenue Bulletin.  The Notice provides guidance on the implementation of the tax return preparer penalty provisions under I.R.C. §6694 by adding certain returns and documents supplementing Exhibits 1, 2 and 3 of Notice 2008-13, 2008-31 I.R.B. 282.  Read Notice 2008- 46 here.

  • IRS Issues Coordinated Issue Paper on Tax Treatment of Bioenergy Program Payments - The IRS has issued a Coordinated Issue Paper that says that Bioenergy Program payments are includible in gross income…(more)

  • IRS Fact Sheet on Like-Kind Exchanges - The IRS has published a summary of the rules for I.R.C. Sec. 1031 exchanges (tax-deferred exchanges)...(more)

  • Treasury Releases Tax and Economic Data - On January 4, 2008, the Treasury Department released its most recent data concerning tax revenue and the economy... (here is a summary of the Release)

  • IRS Fiscal 2007 Audit Data - The IRS has released its fiscal year 2007 data on audit and enforcement. A summary of the data is available here...

  • IRS Whistleblower Office Exempt From Privacy Act - An interim regulation specifies that the IRS Whistleblower Office will be Exempt from the Privacy Act.  That has implications for subjects of investigation... (more)

  • IRS Says that Insurance Companies Must Develop Anti-Money Laundering Programs - An IRS Final Rule effective January 11, 2008, subjects insurance companies and dealers in precious metals to anti-money laundering requirements…(more)

  • IRS Proposed Regulations Modifying Circular 230 Practice Standards...(more)
  • IRS 2007 Data Book Released - On March 14, 2008, the IRS released the 2007 IRS Data Book (IRS Pub. 55B), which provides an annual snapshot of IRS activities for Oct. 1, 2006 - Sept. 30, 2007.  The publication includes information about returns filed, tax collections, enforcement, taxpayer assistance, as well as the IRS budget and workforce…(more)