Disregarded Payment Loss Regulations Go Final

Tax attorney Joshua Odintz authored a Tax Executive article analyzing the surge of tax regulations issued by the Biden Administration during its final days, in particular the finalization of disregarded payment loss (DPL) regulations. This move caught many by surprise amid other expected updates aimed at implementing the Inflation Reduction Act. In his article, Mr. Odintz examines how the DPL rules may serve as an indirect challenge to the check-the-box regulations. He discusses the main features of the finalized DPL regulations, highlights significant changes from the proposed version and addresses questions of regulatory authority raised during the comment period.

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