This is the table of contents of Internal Revenue Bulletin IRB 2004-49. Click on an entry to view the entry. Items shown under "Highlights of This Issue" open summaries of each IRB-referenced document only. Scroll to Parts I, II, etc. to view the full text versions of each IRB-referenced document. Use the "Keyword Search" option of TouchTax to search the full text of all Internal Revenue Bulletins, including this IRB.
These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.
Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for December 2004.
Proposed regulations provide updated guidance on tax-shelter annuities, custodial accounts of public schools and section 501(c)(3) tax-exempt organizations and church retirement income accounts authorized under section 403(b) of the Code. These regulations would provide the public with guidance necessary to comply with the law and affect sponsors of section 403(b) contracts, administrators, participants, and beneficiaries. A public hearing is scheduled for February 15, 2005.
This notice provides guidance regarding the definition of dependent under section 106 of the Code.
Insurance companies; loss reserves; discounting unpaid losses. The loss payment patterns and discount factors are set forth for the 2004 accident year. These factors will be used to compute discounted unpaid losses under section 846 of the Code.
Insurance companies; discounted estimated salvage recoverable. The salvage discount factors are set forth for the 2004 accident year. These factors will be used to compute discounted estimated salvage recoverable under section 832 of the Code.
Proposed regulations provide updated guidance on tax-shelter annuities, custodial accounts of public schools and section 501(c)(3) tax-exempt organizations and church retirement income accounts authorized under section 403(b) of the Code. These regulations would provide the public with guidance necessary to comply with the law and affect sponsors of section 403(b) contracts, administrators, participants, and beneficiaries. A public hearing is scheduled for February 15, 2005.
Proposed regulations provide updated guidance on tax-shelter annuities, custodial accounts of public schools and section 501(c)(3) tax-exempt organizations and church retirement income accounts authorized under section 403(b) of the Code. These regulations would provide the public with guidance necessary to comply with the law and affect sponsors of section 403(b) contracts, administrators, participants, and beneficiaries. A public hearing is scheduled for February 15, 2005.
Temporary regulations define the term “salary reduction agreement” for purposes of section 3121(a)(5)(D) of the Code.
Proposed regulations provide updated guidance on tax-shelter annuities, custodial accounts of public schools and section 501(c)(3) tax-exempt organizations and church retirement income accounts authorized under section 403(b) of the Code. These regulations would provide the public with guidance necessary to comply with the law and affect sponsors of section 403(b) contracts, administrators, participants, and beneficiaries. A public hearing is scheduled for February 15, 2005.
Optional standard mileage rates. This procedure announces 40.5 cents as the optional rate for deducting or accounting for expenses for business use of an automobile, 14 cents as the optional rate for use of an automobile as a charitable contribution, and 15 cents as the optional rate for use of an automobile as a medical or moving expense for 2005. It provides rules for substantiating the deductible expenses of using an automobile for business, moving, medical, or charitable purposes. Rev. Proc. 2003-76 superseded.
This document contains corrections to Rev. Rul. 2003-84, 2003-32 I.R.B. 289 and 2003-2 C.B. 289, relating to regulated investment companies. Rev. Rul. 2003-84 corrected.
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