This is the table of contents of Internal Revenue Bulletin IRB 2011-27. 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.
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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 July 2011.
This notice provides for the suspension of certain requirements under section 42 of the Code for low-income housing credit projects in Missouri in order to provide emergency housing relief needed as a result of the devastation caused by severe storms, tornadoes, and flooding in that state beginning on April 19, 2011.
Credit for carbon dioxide sequestration; 2011 section 45Q inflation adjustment factor. This notice publishes the inflation adjustment factor for the credit for carbon dioxide (CO2) sequestration under section 45Q of the Code for calendar year 2011. The amount of credit must be adjusted for inflation for taxable years beginning in a calendar year after 2009.
This notice extends interim guidance provided in Notice 2010-79, 2010- 49 I.R.B. 809, on the modification of section 833 treatment of certain health organizations.
This announcement advises tax-exempt organizations that operate one or more hospital facilities that Part V, Section B of Schedule H, Hospitals, of the 2010 Form 990, Return of Organization Exempt From Income Tax, is optional for the 2010 tax year.
Final regulations in 31 CFR Part 10 provide that registered tax return preparers are practitioners under Circular 230, and that an individual is required to pass a minimum competency examination to become a registered tax return preparer. The final regulations also address registered tax return preparers’ continuing education requirements and incorporate the amendments to regulations section 10.34(a) relating to standards with respect to tax returns.
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