2020-02-10 Waiting on §163(j)

This week we look at:

• Regulations implementing changes to FAVR and cents-per-mile methods finalized by IRS
• OIRA finishes review of final §163(j) regulations, starts review of additional proposed regulations
• Tax Court finds that language in deed fails to comply with regulations for qualified conservation easements
• Form 1023 now goes fully online--but only after 90 days when applicants can still use paper

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