IRS Internal Revenue Bulletin: I.R.B. 2022-49 Released

The IRS Dec. 2 released Internal Revenue Bulletin 2022-49, dated Dec. 5, 2022, containing the following previously released items: Rev. Proc. 2022-39 (obsoletes and replaces Rev. Proc. 94-69 and prescribes special procedures for certain eligible LB&I taxpayers who are subject to nearly annual examinations to file a qualified amended return shortly after the opening of an audit); Notice 2022-60 (sets forth updates on corporate bond monthly yield curve, corresponding spot segment rates for Nov. 2022 used under I.R.C. §417(e)(3)(D), 24-month average segment rates applicable for Nov. 2022, and the 30-year Treasury rates, as reflected by the application of ...