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IRS releases annual revenue procedures for 2020

IRS releases annual revenue procedures for 2020

The IRS has posted the first edition of the Internal Revenue Bulletin for 2020 (IRB 2020-1, dated January 2, 2020) providing six of the “annual revenue procedures” for 2020.


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IRB 2020-1 [PDF 18 MB] (290 pages) includes the following six annual revenue procedures:

  • Rev. Proc. 2020-1 - Letter rulings, information letters, and determination letters
  • Rev. Proc. 2020-2 - Technical advice
  • Rev. Proc. 2020-3 - Areas in which rulings will not be issued (domestic area)
  • Rev. Proc. 2020-4 - Determination letters and letter rulings (tax-exempt and government entities, employee plans)
  • Rev. Proc. 2020-5 - Determination letters (exempt organizations)
  • Rev. Proc. 2020-7 - Areas in which rulings will not be issued (international area) 

In general, there are no significant changes to the IRS ruling policy or to the schedule of user fees, but there is a clarification when an accounting method change qualifies for a reduced user fee.

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