Thursday - October 31, 2024
IRS Issues Notice No. 2024-70 Entitled 'Extension of Replacement Period for Livestock Sold on Account of Drought'
October 21, 2024
WASHINGTON, Oct. 21 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following notice (No. 2024-70) in Internal Revenue Bulletin (No. 2024-43):

* * *

SECTION 1. PURPOSE

This notice provides guidance regarding an extension of the replacement period under Sec. 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties.

SECTION 2. BACKGROUND

.01 Nonrecognition of Gai . . .

Targeted News Service Document Request Form

This document is available to you by e-mail if you complete the form below with relevant information. There may be a fee for this article or ongoing service of similar materials. We will be in touch shortly.

Name:
What's your
Affiliation		 Government Newspaper / Media Business
Public Policy Individual / Student Educators
Email:
Phone:
Organization, if any:
State/Country you are in:
Additonal questions
or comments:

Click here for more information about our products

Click here for more information about our products