IRS Issues Private Letter Ruling Granting Extension to File Statement for Research Expenditure Accounting Method Change

The IRS issued a private letter ruling on I.R.C. §174 and Treas. Reg. §301.9100 granting a 60-day extension to file a statement instead of Form 3115 for changing the accounting ...

IRS Issues Private Letter Ruling Granting LLC Extension to File Entity Classification, S Corporation Elections

The IRS issued a private letter ruling on I.R.C. §§1362 and 7701, Treas. Regs. §§301.9100 and 301.7701 granting a 120-day extension for a limited liability company to file both Form ...
WealthManagement.com

Private Letter Ruling 200747001

In PLR 200747001 (Aug. 3, 2007), the Internal Revenue Service ruled that a charitable lead annuity trust (CLAT) would qualify as a grantor trust under Internal Revenue Code Section 674. As such, the ...
Insurancenewsnet.com

Protective Life Insurance Company Receives Favorable Private Letter Ruling on Advisory VUL Offering

Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces the Private Letter Ruling (PLR) from the Internal Revenue Service (IRS) ...
Accounting Today

IRS fee increases deter private letter ruling requests

Fee increases may be discouraging taxpayers from seeking private letter rulings from the Internal Revenue Service to resolve their questions ahead of filing, according to a new report. Processing ...
Nasdaq

Select Medical Holdings Corporation Receives Favorable IRS Private Letter Ruling on Tax-Free Nature of Its Previously Announced Potential Separation of Concentra

MECHANICSBURG, Pa., Feb. 27, 2024 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) announced today that it has received a favorable private ...