1545-BR84 202510 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Simplifying the Cost Offset Methods Under Sections 451(b) and (c)

The proposed regulation would modify and simplify the elective cost offset methods provided in Treas. Reg. 1.451-3(c) and -8(e).

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage Undetermined Undetermined Deregulatory 26 CFR 1.451-3 26 CFR 1.451-8 26 U.S.C. 7805 26 U.S.C. 451 No NPRM 09/00/2026 REG-117055-25 Drafting attorney: Morgan Lawrence, (202) 317-6112 Reviewing attorney: Ronald Goldstein, (202) 317-4887, Robert Testoff, (202) 317-6841 Treasury attorney: Heather Harman, (202) 622-2623, Daniel Penrith, (202) 679-2039 CC: ITA Undetermined Undetermined Undetermined No No 1545-BO68 Related to 1545-BO78 Related to Robert Testoff Senior Level Counsel (IT&A) 1545 Internal Revenue Service IRS 202 317-6841 855 574-9031 robert.a.testoff@irscounsel.treas.gov 1111 Constitution Avenue NW, Washington DC 20224