This is the table of contents of Internal Revenue Bulletin IRB 2014-34. 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.
This proposed regulation, which cross-references a temporary regulation under Section 382 of the Code, modifies the effective date of earlier regulations under section 382 (TD 9638, published October 22, 2013) to prevent an adverse effect on certain corporations whose stock was or is owned by the Department of the Treasury and then is sold by Treasury to a public group.
Guidance is provided to individuals who fail to meet the eligibility requirements of section 911(d)(1) of the Internal Revenue Code because adverse conditions in a foreign country preclude the individual from meeting those requirements. Rev. Proc. 2014–25 provides a current list of countries for tax year 2013 and the dates those countries are subject to the section 911(d)(4) waiver is provided. That list is incomplete. South Sudan and its departure date have been added.
This Notice supplements Notice 2014–44 providing guidance concerning section 901(m), particularly with regard to entity classification elections.
This revenue procedure describes the circumstances in which the IRS will not treat a redemption of a money market fund share as part of a wash sale under section 1091 of the Internal Revenue Code.
This temporary regulation under Section 382 modifies the effective date of earlier regulations under section 382 (TD 9638, published October 22, 2013) to prevent an adverse effect on certain corporations whose stock was or is owned by the Department of the Treasury and then is sold by Treasury to a public group.
Special Use Value; Farms; Interest Rates. The 2014 interest rates to be used in computing the special use value of farm real property for which an election is made under section 2032A of the Code are listed for estates of decedents.
This notice provides guidance on the branded prescription drug fee related to (1) the submission of Form 8947, Report of Branded Prescription Drug Information; (2) the time and manner for notifying covered entities of their preliminary fee calculation; (3) the time and manner for submitting error reports for the dispute resolution process; and (4) the time for notifying covered entities of their final fee calculation. Notice 2013–51, 2013–34 I.R.B. 153, which provides guidance for the 2014 fee year, is obsoleted as of October 1, 2014.
These final regulations implement the amendments to section 6707 of the Internal Revenue Code by the American Jobs Creation Act of 2004. The regulations provide the rules relating to the assessment of penalties against material advisors who fail to timely file a true and complete return as required under section 6111(a).
The Internal Revenue Bulletin is produced and published by the Internal Revenue Service and contains IRS pronouncements affecting tax analysis under the Code and the Regulations, including but not limited to Revenue Procedures, Revenue Rulings, Notices and Announcements. Access the IRS site at https://www.irs.gov/help/irsgov-accessibility for information concerning accessibility of IRS materials. While every effort has been made to ensure that the IRB database files available through the TouchTax application are accurate, those using TouchTax for legal research should verify their results against the printed versions of the IRBs available from the IRS.