ABA Wins Extension for New Executor Reporting Requirements
Following ABA’s recent request, the IRS today said it would extend the compliance deadline for new proposed executor reporting requirements.
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ABA Requests Extension for New Executor Reporting Requirements
In a letter to the IRS today, ABA requested that the agency extend the March 31 compliance deadline for new proposed executor reporting requirements until August 2016.
IRS Accepts ABA Request for Resolution on Modified Loan Interest
The IRS has accepted a request by ABA to consider whether and how to report — on IRS Form 1098, Mortgage Interest Statement — any accrued but unpaid interest that is added to the principal of modified mortgages.