IRS Advance Releases (irs-drop)

IRS Notice on Corporate Bond Yield Curve and Segment Rates

The IRS issued Notice N-2026-19, updating the corporate bond monthly yield curve, segment rates, and 30-year Treasury securities interest rates for February 2026. These rates are used for determining minimum funding requirements for single-employer and multiemployer pension plans.

IRS Notice Extends Temporary Relief for Digital Asset Identification Methods

The IRS issued Notice 2026-20 to extend temporary relief for eligible taxpayers using alternative methods to identify digital assets held by brokers. This extension allows for continued use of specific identification methods for digital assets sold or transferred during the relief period, building upon previous guidance.

IRS Rev. Rul. 2026-07: 2026 Federal Income Tax Rates and AFRs

The IRS has released Revenue Ruling 2026-07, providing the applicable federal rates (AFRs) and adjusted AFRs for April 2026. These rates are used for various federal income tax purposes, including the determination of issue prices for certain debt instruments and calculations for low-income housing credits.

IRS Seeks Comments on Electronic Payee Statement Furnishing

The IRS and Treasury Department are seeking public comments on potential modifications to the requirements for electronically furnishing certain payee statements. This includes evaluating current rules for brokers and considering broader applicability to other persons required to furnish payee statements.