New Proposed Regulations Clarify Presumptions for Large Cash Holdings

Summary

The IRS has released proposed regulations addressing the presumptions surrounding large cash holdings, reflecting changes to the 1982 and 1988 tax laws and incorporating rules from current Treasury regulations, which will impact individuals and true owners of large cash amounts.

Original source language: Federal Register — Department of the TreasuryOpen original release →

Add your company to Business Communicator

We monitor business sources and connect attention with companies, profiles and services available in Business Communicator.

Create a free company profile Explore businesses on Business Maps →

Create a free company profile →

Explore insights

Business insights →

Global Markets News Trade Regulation News Business Technology News Fintech for Business: Payments & Banking News Supply Chain News Central Bank Policy News

Related business signals

Finance & markets · 10/9/2026

Cancellation of Hearing on Proposed Regulations Regarding Refunded Portion of Certain Federal Refundable Tax Credits

The Internal Revenue Service cancels a public hearing on proposed regulations (REG-119882-25) published in the Federal Register on August 20, 2026, regarding the application of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 to the refunded portion of certain federal refundable tax credits.

Read summary →

Finance & markets · 10/2/2026

Temporary Regulations for Federal Scholarship Tax Credit

The IRS has released temporary regulations for a new nonrefundable tax credit for contributions to scholarship granting organizations, effective for tax years 2027 and later, to fund elementary and secondary education scholarships.

Read summary →

Finance & markets · 10/13/2026

U.S. Department of the Treasury Publishes Venezuela Sanctions Regulations Web General License 60

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has published a general license (GL 60) related to Venezuela sanctions, previously made available on their website.

Read summary →

Finance & markets · 10/13/2026

IRS Invites Comments on Lien Agreement Information Collection Request

The Internal Revenue Service (IRS) is seeking public input on a proposed information collection request related to lien agreements, as required by the Paperwork Reduction Act of 1995.

Read summary →

Finance & markets · 10/9/2026

Department of the Treasury Invites Comment on Proposed Information Collection: Information-Sharing Initiative: Digital Assets Criteria Form

The Department of the Treasury invites the general public and other federal agencies to comment on the proposed information collection, Information-Sharing Initiative: Digital Assets Criteria Form, in accordance with the Paperwork Reduction Act of 1995.

Read summary →

Finance & markets · 10/7/2026

IRS Invites Comments on Election Information Collection Request Under Technical and Miscellaneous Revenue Act of 1988

The Internal Revenue Service (IRS) is seeking public input on the process for making certain elections under the Technical and Miscellaneous Revenue Act of 1988, as required by the Paperwork Reduction Act of 1995

Read summary →