This is the table of contents of Internal Revenue Bulletin IRB 2022-44. 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 guidance contains amendments to the regulations relating to user fees for enrolled agents and enrolled retirement plan agents. In accordance with the guidelines in OMB Circular A-25, the IRS has re-calculated its cost of overseeing the enrollment and renewal program and determined that the full cost for overseeing the renewal of enrolled retirement plan agents has increased from $67 to $140. In addition, the cost for overseeing both the enrollment and renewal of enrolled agents has increased from $67 to $140. Therefore, the regulations increase the renewal user fee for enrolled retirement plan agents from $67 to $140. In addition, the proposed regulations increase both the enrollment and renewal user fee for enrolled agents from $67 to $140.
26 CFR 300.0 (amended), 300.5 (amended), 300.6 (amended), and 300.10 (amended)
These proposed regulations provide recordkeeping and reporting requirements for the average income test for purposes of the low-income housing credit. If a building is part of a residential rental project that satisfies this test, the building may be eligible to earn low-income housing credits. These proposed regulations affect owners of low-income housing projects and State or local housing credit agencies that monitor compliance with the requirements for low-income housing credits.
Fringe benefits aircraft valuation formula. For purposes of section 1.61-21(g) of the Income Tax Regulations, relating to the rule for valuing non-commercial flights on employer-provided aircraft, the Standard Industry Fare Level (SIFL) cents-per-mile rates and terminal charges in effect for the second half of 2022 are set forth.
These final and temporary regulations set forth guidance on the average income test under section 42(g)(1)(C) of the Internal Revenue Code. If a building is part of a residential rental project that satisfies this test, the building may be eligible to earn low-income housing credits. These final and temporary regulations affect owners of low-income housing projects, tenants in those projects, and State or local housing credit agencies that monitor compliance with the requirements for low-income housing credits.
26 CFR 1.42-15, 26 CFR 1.42-19
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