Main Street Practitioner Blog

The IRS has issued regulations updating the due dates and time extensions for filing certain tax returns and information returns to reflect recent laws.

The changes are set out in final and temporary regulations (T.D. 9821) issued July 18 and will bring those dates into agreement with requirements in Section 2006 of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 and Section 201 of the Protecting Americans from Tax Hikes Act of 2015.

The final and temporary rules:

• Amend Treasury regulations to account for the due dates for the income tax returns of C corporations specified by Section 2006(a) of the Surface Transportation Act.
• Amend Treasury regulations to implement Section 2006(b)(2) of the Surface Transportation Act and provide consistency for automatic extensions for non-bankruptcy estates and trusts filing Form 1041, U.S. Income Tax Return for Estates and Trusts.
• Amend Treasury regulations to implement Section 2006(b)(4) through (b)(8) of the Surface Transportation Act and provide consistency for automatic extensions for tax-exempt organizations filing specified returns.
• Make conforming amendments to reflect that the due date for forms—Form W-2, Wage and Tax Statement, and others in that series; Form W-3, Transmittal of Wage and Tax Statements; and Form 1099-MISC, Miscellaneous Income—that report non-employee compensation is Jan. 31 of the calendar year following the calendar year for which the information is being reported, as enacted by Section 201 of the PATH Act.

The IRS also issued proposed rules (REG-128483-15) that cross-reference the temporary regulations.

The final and temporary rules are available here.