IRS Wants Your Thoughts on Form 928 Yawn
Published Date: 3/31/2025
Notice
Summary
The IRS wants your thoughts on Form 928 to make paperwork easier and less time-consuming for everyone involved. If you deal with this form, now’s the time to share your feedback before any changes happen. This helps keep things smooth and saves money by cutting down on unnecessary hassle.
No Economic Impacts Identified for this Document
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-11140, Federal Independent Dispute Resolution Operations
Starting soon, health plans and insurers must share clearer info when they pay or deny surprise medical bills. They’ll use special codes to explain these decisions, especially when dealing with folks they don’t have contracts with. This helps patients and providers understand bills better and speeds up fixing disputes, with no extra costs for most people.
2025-18278, Occupations That Customarily and Regularly Received Tips; Definition of Qualified Tips
If you earn tips at work, these new rules show which jobs count as tip-earning and explain what counts as 'qualified tips' for tax deductions. The changes apply to tips received up to December 31, 2024, helping workers and employers know exactly what tips can lower their taxes. Get ready to keep better track of your tips and maybe save some money when tax time rolls around!
2025-02251, Administrative Requirements for an Election To Exclude Applicable Unincorporated Organizations From the Application of Subchapter K; Hearing Cancellation
If you run an unincorporated organization, new rules are coming to help you skip some tricky partnership tax laws. These changes explain how to make that election properly, so you don’t get caught in confusing tax stuff. No extra fees or deadlines yet, but keep an eye out for updates to stay ahead!
2026-17021, Determination of Target Normal Cost and Funding Target for Single-Employer Defined Benefit Plans
This document contains proposed regulations that would modify rules in the existing regulations relating to the minimum funding requirement applicable to single-employer defined benefit pension plans. The modifications include changes to the rules relating to the determination of a plan's target normal cost and funding target and would implement certain statutory amendments that have not yet been reflected in the regulations. These proposed regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of single-employer defined benefit plans.
2026-17019, Application of Section 250(b)(3)(A)(i)(VII) to Sales or Other Dispositions of Property
This document contains proposed regulations under section 250 of the Internal Revenue Code (Code) that provide guidance on certain income of a domestic corporation that is excluded in the determination of deduction eligible income. This category of income consists of income and gain from the sale or other disposition of intangible property and any other property of a type that is subject to depreciation, amortization, or depletion. The proposed regulations would affect domestic corporations with foreign-derived deduction eligible income.
2026-16985, Application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the Refunded Portion of Certain Federal Refundable Tax Credits
Starting soon, certain tax credits like the child tax credit and earned income credit will have new rules for who can get the refunded part. If you’re not a 'qualified alien' under a 1996 law, you won’t be able to claim these refunds anymore. This change mainly affects some immigrants and kicks in after public feedback and hearings this fall, so keep an eye on deadlines if you’re impacted!
Previous / Next Documents
Previous: 2025-05464, Notice of Determinations; Culturally Significant Objects Being Imported for Exhibition-Determinations: “Lorna Simpson: Source Notes” Exhibition
The U.S. government has approved the temporary import of important cultural objects for the "Lorna Simpson: Source Notes" exhibition at The Metropolitan Museum of Art and possibly other venues. This means these special items can be shown in the U.S. because they’re valuable to our culture and national interest. No costs or deadlines affect the public, but the exhibition will share amazing art with everyone soon!
Next: 2025-05466, Petition for Exemption; Summary of Petition Received; 1st Franklin Financial Corp.
1st Franklin Financial Corp. asked the FAA to relax some rules that usually apply to them. This change could make things easier for the company without costing extra money or causing delays. If approved, it affects how they follow certain aviation rules starting soon.