This is the table of contents of Internal Revenue Bulletin IRB 2013-04. 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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This document corrects the temporary regulations (T.D. 9564, 2012-14 I.R.B. 614) relating to guidance regarding the deduction and capitalization of expenditures relating to tangible property. These amendments revise the general asset account regulations to provide the time and manner of making a general asset account election.
This document solicits recommendations and/or comments regarding 1) Electronic signatures for remote transactions on IRS forms which are not required to be sent to the IRS, 2) Acceptable standards for use of an electronic signature on transactions and forms, 3) How to accomplish the electronic signature requirements which satisfy GPEA and E-SIGN, 4) Requirements for creating a legally binding electronic signature in electronic transactions, 5) Factors the IRS should consider when deciding which signing process to use, and 6) Other best industry practices.
This procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of sections 401(a), 403(a), 403(b), 408(k), or 408(p) of the Code, but that have not met these requirements for a period of time. This system, the Employee Plans Compliance Resolution System (“EPCRS”), permits Plan Sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program (“SCP”), the Voluntary Correction Program (“VCP”), and the Audit Closing Agreement Program (“Audit CAP”). Rev. Proc. 2008-50 modified and superseded.
This announcement addresses a typographical error in the Schedule of User Fees found in Appendix A of Revenue Procedure 2013-1, 2013-1 I.R.B. 1, wherein the reduced user fee for a letter ruling, method or period change or closing agreement request involving a personal or business tax issue from a person with gross income of less than $250,000 was incorrectly listed as $1,000, when the correct reduced fee for this type of request is $2,000. Accordingly, the user fee associated with paragraph (4)(a) in Appendix A, Schedule of User Fees of Revenue Procedure 2013-1, 2013-1 I.R.B. 68, is $2,000. The online versions of Internal Revenue Bulletin 2013-1, available at www.irs.gov/irb/, will be updated to reflect this correction. Rev. Proc. 2013-1 corrected.
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