IRS Internal Revenue Bulletin: I.R.B. 2025-42 Released

Oct. 15, 2025, 3:29 PM UTC

The IRS has published its Internal Revenue Bulletin. The bulletin includes: 1) interim final regulations relating to the imposition of user fees on tax return preparers; 2) requirement for tax return preparers to use a preparer tax identification number (PTIN) on returns they prepare for compensation; 3) qualifying occupations for the no tax on tip provision; 4) withdrawn notices of proposed rulemaking relating to corporate separations, incorporations, and reorganization; 5) procedures for taxpayers requesting private letter rulings from the IRS regarding certain issues on transactions intended to qualify under section 355 of the IRS Code. [Internal Revenue Bulletin 2025-21 (Oct. ...

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