HIGHLIGHTS OF THIS ISSUE

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.

INCOME TAX

REG–121542–14, page 119. Notice of Proposed Rulemaking and Temporary regulations under section 7602 that authorize the IRS to use 6103(n) contracted experts in summons interviews to propound questions and receive summoned books, papers and other records.

Rev. Rul. 2014–20, page 101. Federal rates; adjusted federal rates; adjusted federal longterm rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for July 2014.

Rev. Proc. 2014–29, page 105. Publication 1223 General Rules and Specifications for Substitute Forms W–2c and W–3c This procedure provides general rules and specifications from the Service for paper and computer-generated substitutes for Form W–2c and W–3c. This procedure will be reproduced as the next revision of Publication 1223, General Rules and Specifications for Substitute Forms W–2c and W–3c.

T.D. 9669, page 103. Notice of Proposed Rulemaking and Temporary regulations under section 7602 that authorize the IRS to use 6103(n) contracted experts in summons interviews to propound questions and receive summoned books, papers and other records.

ESTATE TAX

REG–121542–14, page 119. Notice of Proposed Rulemaking and Temporary regulations under section 7602 that authorize the IRS to use 6103(n)

Finding Lists begin on page ii. Index for July through July begins on page iv.