Major tax reform was approved by Congress in the Tax Cuts and Jobs Act (TCJA) on December 22, 2017. The IRS is implementing this major tax legislation that will affect both individuals and businesses. We will provide information and guidance to taxpayers, businesses and the tax community as it becomes available. TD 9948, Excise Taxes; Transportation of Persons by Air; Transportation of Property by Air; Aircraft Management Services PDF TD 9947, Section 199A Rules for Cooperatives and their Patrons PDF TD 9946, Denial of Deduction for Certain Fines, Penalties, and Other Amounts; Related Information Reporting Requirements PDF TD 9945, Guidance under Section 1061 PDF TD 9943, Additional Guidance Regarding Limitation on Deduction for Business Interest Expense PDF TD 9942, Small Business Taxpayer Exceptions Under Sections 263A, 448, 460 and 471 TD 9941, Taxable Year of Income Inclusion under an Accrual Method of Accounting and Advance Payments for Goods, Services, and Other Items PDF TD 9939, Qualified Transportation Fringe, Transportation and Commuting Expenses under Section 274 TD 9938 sets forth final regulations under section 4960 of the Internal Revenue Code (Code), which imposes an excise tax on remuneration in excess of $1,000,000 and any excess parachute payment paid by an applicable tax-exempt organization to any covered employee. PDF TD 9937, Rollover Rules for Qualified Plan Loan Offset Amounts TD 9936, Guidance on Passive Foreign Investment Companies and REG-111950-20 PDF TD 9935, Statutory Limitations on Like-Kind Exchanges TD 9934, Coordination of Extraordinary Disposition and Disqualified Basis Rules TD 9933, Unrelated Business Taxable Income Separately Computed for Each Trade or Business TD 9932, Certain Employee Remuneration in Excess of $1,000,000 under Internal Revenue Code Section 162(m) TD 9927, Consolidated Net Operating Losses TD 9926, Withholding of Tax and Information Reporting with Respect to Interests in Partnerships Engaged in a U.S. Trade or Business TD 9925, Meals and Entertainment Expenses Under Section 274 TD 9924, Income Tax Withholding from Wages TD 9923, Guidance under Section 529A: Qualified ABLE Programs TD 9922, Guidance Related to the Allocation and Apportionment of Deductions and Foreign Taxes, Foreign Tax Redeterminations, Foreign Tax Credit Disallowance Under Section 965(g), Consolidated Groups, Hybrid Arrangements and Certain Payments under Section 951A TD 9921, Source of Income from Certain Sales of Personal Property TD 9920, Income Tax Withholding on Certain Periodic Retirement and Annuity Payments Under Section 3405(a) TD 9919, Gain or Loss of Foreign Persons from Sale or Exchange of Certain Partnership Interests TD 9918, Effect of Section 67(g) on Trusts and Estates TD 9917, Guidance on the Determination of the Section 4968 Excise Tax Applicable to Certain Colleges and Universities TD 9916, Additional First Year Depreciation Deduction TD 9915, Rehabilitation Credit Allocated Over a 5-Year Period TD 9914, Eligible Terminated S Corporations TD 9913, Dependent Defined TD 9912, Guidance Clarifying Premium Tax Credit Unaffected by Suspension of Personal Exemption Deduction TD 9911, Computation and Reporting of Reserves for Life Insurance Companies TD 9910, Additional Rules Regarding Base Erosion and Anti-Abuse Tax TD 9909, Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception PDF TD 9908, Ownership Attribution Under Section 958 Including for Purposes of Determining Status as Controlled Foreign Corporation or United States Shareholder TD 9907, Treatment of Payments to Charitable Entities in Return for Consideration PDF TD 9905, Final Regulations under section 163(j) PDF TD 9902, Guidance under Sections 951A and 954 Regarding Income Subject to a High Rate of Foreign Tax TD 9899, Qualified Business Income Deduction TD 9896, Hybrid Arrangements and the Allocation of Deductions Attributable to Certain Disqualified Payments under Section 951A (Global Intangible Low-Taxed Income) TD 9889, Investing in Qualified Opportunity Funds TD 9885, Final Regulations on Base Erosion and Anti-Abuse Tax TD 9884, Estate and Gift Taxes; Difference in the Basic Exclusion Amount TD 9883, Determination of the Maximum Value of a Vehicle for Use with the Fleet-Average and Vehicle Cents-Per-Mile Valuation Rules TD 9882, Foreign Tax Credit TD 9879, Information Reporting for Certain Life Insurance Contract Transactions and Modifications to the Transfer for Valuable Consideration Rules TD 9874, Additional First Year Depreciation under Section 168k TD 9870, Removal of Regulations on Advance Payments for Goods and Long-Term Contracts TD 9868, Electing Small Business Trusts With Nonresident Aliens as Potential Current Beneficiaries TD 9865, Limitation on Deduction for Dividends Received from Certain Foreign Corporations and Amounts Eligible for Section 954 Look-Through Exception TD-9866, Guidance Related to Section 951A (Global Intangible Low-Taxed Income) and Certain Guidance Related to Foreign Tax Credits TD 9846, (c)(2) Calculation discount rate/unpaid loss and salvage discount factors TD 9864, Contributions in Exchange for State or Local Tax Credits TD 9859, Amount Determined Under Section 956 for Corporate United States Shareholders TD 9855, Regulations specifying which return to use to pay certain excise taxes and the time for filing the return TD REG-107892-18, Qualified Business Income Deduction PDF TD 9847, Qualified Business Income Deduction TD 9846, Regulations Regarding the Transition Tax Under Section 965 and Related Provisions TD 9842, Tax Return Preparer Due Diligence Penalty Under Section 6695(g) Tax Reform Guidance Topics Regulations Treasury Decisions (TDs) Revenue Procedures Revenue Rulings Notices
