IRS Internal Revenue Bulletin 2023-18; Revenue Procedure 2023-15:provides a safe harbor method of accounting that taxpayers may use to determine whether expenses to repair or improve natural gas transmission. Florida storm victims now have until Aug 15,23 to file taxes
IRS proposed regulation identifies certain micro-captive transactions as listed transactions and certain other micro-captive transactions as transactions of interest. Notice 2023-34, which provides that convertible virtual currency is treated as property for federal tax