Regs. on Notional Principal Contracts Change Treatment of Nonperiodic Payments
List of Designated Private Delivery Services Is Updated, Postmark Rules Revised
May 8, 2015Basis Rules for Estates of 2010 Decedents Proposed
May 11, 2015The IRS issued temporary and proposed rules under Secs. 446 and 956 amending how nonperiodic payments made or received under certain notional principal contracts are treated.
Source:: AICPA – Tax