IRS Pronouncements--2020
Small Business Taxes &
ManagementTM--Copyright
2020, A/N Group, Inc.
Note. The list below contains a synopses of revenue rulings, revenue procedures, notices, announcements and regulations beginning with those issued January 1, 2020. Because the IRS is no longer indexing the contents of the bulletins as in the past, we have created two indicies--this one is a complete list of all pronouncements. For an abbreviated list that is limited to those items we believe to be of interest to small to mid-sized business owners, their advisors, CPAs, enrolled agents, etc, go to IRS Pronouncements--2020--Short List. For a abbreviated, similar listing for prior years, go to:
IRS Pronouncements--2019
IRS Pronouncements--2018
IRS Pronouncements--2017
IRS Pronouncements--2016
IRS Pronouncements--2015
IRS Pronouncements--2014
IRS Pronouncements--2013
IRS Pronouncements--2012
IRS Pronouncements--2011
IRS Pronouncements--2010
IRS Pronouncements--2009
IRS Pronouncements--2008
IRS Pronouncements--2007
IRS Pronouncements--2006
IRS Pronouncements--2005
IRS Pronouncements--2004
IRS Pronouncements--2003
IRS Pronouncements--2002
IRS Pronouncements--2001
IRS Pronouncements--2000
We've included the IRB (Internal Revenue Bulletin) reference so you can find the full text on the IRS web site. We've tried to make the list as searchable as possible while keeping the descriptions short. Use the "find-in-page" or "find" feature of your browser (CTRL-F) to search this list. Be sure to try variations of keywords such as "activities" as well as "activity"; "depreciation" as well as "depreciate". The Applicable Federal Rate and interest rates on over- and underpayments are updated on our IRS Interest Rates page.
Notes.
The list below includes pronouncements for the first 4 bulletins of 2020.
Entries for each section are in the order they appear in the bulletins.
Go to our Abbreviations page for details on any abbreviations.
If you know the number, you can access a PDF file of any recent Revenue Ruling, Revenue Procedure, or Notice at the IRS Web site directly. Simply paste the appropriate link below into your browser and enter the desired ruling, procedure, or notice number instead of the xx.
For Revenue Rulings-- www.irs.gov/pub/irs-drop/rr-20-xx.pdf
For Revenue Procedures-- www.irs.gov/pub/irs-drop/rp-20-xx.pdf
For Notices-- www.irs.gov/pub/irs-drop/n-20-xx.pdf
The xx must be at least two digits. Thus, Revenue Ruling 5 for 2020 would be: www.irs.gov/pub/irs-drop/rr-20-05.pdf For prior years, change the 20 to the appropriate year (available years vary).
New Additions - Bulletin 4
REG-100956-19 (IRB 2020-4) Sec. 863; rules for determining source of income from sales of inventory produced in U.S. and sold without the U.S. or vice versa; sales of personal property sold by nonresident attributable to place of business in U.S.
Notice 2020-5 (IRB 2020-4) Sec. 61; standard mileage rates for 2020; cost of operating motor vehicle for business, charitable, medical or moving purposes; reduction to basis for deemed depreciation; maximum fair market value of employer-provided autos for personal use; fleet-average valuation rule; cents-per-mile valuation rule.
Notice 2020-4 (IRB 2020-4) Sec. 4081; temporary dyed fuel relief from Milwaukee or Madison terminals additional extension; Green Bay terminal.
For the full text of these rulings, go to Internal Revenue Bulletin 2020-4
Cumulative Listings - 2020
Revenue Rulings
Rev. Rul. 2020-2 (IRB 2020-03) Sec. 401; tables of covered compensation; effective January 1, 2020.
Revenue Procedures
Rev. Proc. 2020-10 (IRB 2020-2) Qualified pension plans; requirement to obtain opinion letters once every six years; third amendment cycle; date amendment cycles begin.
Rev. Proc. 2020-9 (IRB 2020-2) Sec. 401; amendments which are treated as integral to a plan provision that fails to satisfy qualification requirements of Code; recent regulations under Sec. 401(k), 401(m); hardship distributions of elective deferrals; interim amendment for pre-approved plans.
Rev. Proc. 2020-7 (IRB 2020-1) Areas of IRC under jurisdiction of Associate Chief Counsel (International); IRS will not issue determination letters or letter rulings.
Rev. Proc. 2020-5 (IRB 2020-1) Procedures for issuing determination letters; issues under jurisdiction of Director, Exempt Organizations; EO; rulings and agreements; pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans; private foundation status; Sec. 7428.
Rev. Proc. 2020-4 (IRB 2020-1) Revised procedures; determination letters and letter rulings issued by the Commissioner; Tax Exempt and Government Entities; Employee Plans Rulings and Agreements; Rev. Procs. 2019-4 superseded.
Rev. Proc. 2020-3 (IRB 2020-1) Revised list of areas where IRS will not issue letter rulings or determination letters; Corporate; Financial
Institutions and Products; Income Tax and Accounting; Passthroughs and Special Industries; Procedure and Administration; Tax Exempt and Government Entities; Associate Chief Counsel; Rev. Proc. 2019-3 superseded.
Rev. Proc. 2020-2 (IRB 2020-1) Procedures for Technical advice memoranda; TAMS; taxpayer rights when field office requests TAMS; Rev. Proc. 2019-2 superseded.
Rev. Proc. 2020-1 (IRB 2020-1) Procedures for letter rulings and information letters; Associate Chief Counsel; Corporate; Financial Institutions and Products; Income Tax and Accounting; International; Passthroughs and Special Industries; Procedure and Administration; Tax Exempt and Government Entities; Rev. Proc. 2019-1 superseded.
Regulations
T.D. 9886 (IRB 2020-2) Sec. 512; calculation of unrelated business taxable income; UBTI; voluntary employees' beneficiary associations; VEBAs; supplement employee benefit trusts; SUBs.
Proposed Regulations
REG-100956-19 (IRB 2020-4) Sec. 863; rules for determining source of income from sales of inventory produced in U.S. and sold without the U.S. or vice versa; sales of personal property sold by nonresident attributable to place of business in U.S.
Notices
Notice 2020-5 (IRB 2020-4) Sec. 61; standard mileage rates for 2020; cost of operating motor vehicle for business, charitable, medical or moving purposes; reduction to basis for deemed depreciation; maximum fair market value of employer-provided autos for personal use; fleet-average valuation rule; cents-per-mile valuation rule.
Notice 2020-4 (IRB 2020-4) Sec. 4081; temporary dyed fuel relief from Milwaukee or Madison terminals additional extension; Green Bay terminal.
Notice 2020-3 (IRB 2020-3) Sec. 3405; withholding from periodic payments for pensions, annuities, and certain other deferred income when no withholding certficate has been furnished.
Notice 2020-2 (IRB 2020-3) Sec. 871; delay of certain rules; extension of phase-in period in Notice 2018-72.
Notice 2020-1 (IRB 2020-2) Corporate bond monthly yield curve December 2019; Sec. 417; 430; interest rate on 30-year Treasury securities.
Announcements
None
Action On Decision
None
Internal Revenue Bulletin 2020-1
Internal Revenue Bulletin 2020-2
Internal Revenue Bulletin 2020-3
Internal Revenue Bulletin 2020-4
Copyright 2020 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources--ISSN 1089-1536
--Last Update 01/18/20