Finance & markets · 13/12/2011Updated: 10/17/2026 · 1 min read
Hearing Cancellation for New Markets Tax Credit Non-Real Estate Investments Proposed Rulemaking
Summary
The IRS has cancelled a public hearing on proposed guidance for non-grantor trusts regarding miscellaneous itemized deductions under section 67(a) of the Internal Revenue Code, specifically addressing costs subject to the 2-percent floor.