1545-BP23 202004 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Meal and Entertainment Expenses Under Section 274

Proposed regulations that provide guidance regarding the disallowance of certain meal and entertainment deductions under section 274 of the Internal Revenue Code. These proposed regulations reflect changes made by the Tax Cuts and Jobs Act. These proposed regulations affect taxpayers who claim deductions for certain amounts paid or incurred after December 31, 2017.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No Not subject to, not significant 26 CFR 1.274-11 to 1.274-12 26 U.S.C. 7805 26 U.S.C. 274 No NPRM 12/00/2020 REG-100814-19 (NPRM) Drafting attorney: Patrick Clinton (202) 317-4651 Reviewing attorney: Deena Devereux (202) 317-4602 Treasury attorney: Kim Koch (202) 622-0854 CC:ITA No No None No No No No Patrick Clinton M. General Attorney (Tax) 1545 Internal Revenue Service IRS 202 317-4651 202 317-4654 patrick.m.clinton@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 4143, Washington DC 20224