New IRS Rules Simplify Compliance for Money Market Fund Shares
New Rules on Covered Asset Acquisitions Will Shut Down Transactions to Avoid Sec. 901(m)
July 27, 2014IRS Issues Guidance on Health Insurance Premium Tax Credits
July 27, 2014The IRS issued guidance that allows a simplified method for calculating gain or loss on shares in MMFs subject to the new rules and exempts redemptions of shares in these MMFs from the wash sale rules
Source: AICPA – Tax