[Federal Register Volume 84, Number 225 (Thursday, November 21, 2019)]
[Proposed Rules]
[Pages 64234-64235]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25161]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-104554-18 and REG-104870-18]
RIN 1545-BO68 and 1545-BO78


Taxable Year of Income Inclusion Under an Accrual Method of 
Accounting; and Advanced Payments for Goods, Services, and Other Items; 
Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Proposed rule; notice of hearing.

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SUMMARY: This document provides a notice of public hearing on proposed 
regulations regarding the timing of income inclusion under section 451 
of the Internal Revenue Code.

DATES: The public hearing is being held on Tuesday, December 10, 2019, 
at 10:00 a.m. The IRS must receive

[[Page 64235]]

speakers' outlines of the topics to be discussed at the public hearing 
by Tuesday, December 10, 2019. If no outlines are received by December 
3, 2019, the public hearing will be cancelled.

ADDRESSES: The public hearing is being held in the IRS Auditorium, 
Internal Revenue Service Building, 1111 Constitution Avenue NW, 
Washington, DC 20224. Due to building security procedures, visitors 
must enter at the Constitution Avenue entrance. In addition, all 
visitors must present a valid photo identification to enter the 
building.
    Send Submissions to CC:PA:LPD:PR (REG-104554-18 and REG-104870-18), 
Room 5205, Internal Revenue Service, P.O. Box 7604, Ben Franklin 
Station, Washington, DC 20044. Submissions may be hand-delivered Monday 
through Friday to CC:PA:LPD:PR (REG-104554-18 and REG-104870-18), 
Couriers Desk, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC 20224 or sent electronically via the Federal eRulemaking 
Portal at www.regulations.gov (IRS REG-104554-18 and REG-104870-18).

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Charles 
Gorham, (202) 317-5091; concerning submissions of comments, the hearing 
and/or to be placed on the building access list to attend the hearing, 
Regina Johnson at (202) 317-6901 (not toll-free numbers), 
[email protected].

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed rulemaking (REG-104554-18 and REG-104870-18) that 
was published in the Federal Register on Monday, September 9, 2019 (84 
FR 47175 and 47191).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments at the hearing that submitted written 
comments by November 8, 2019, must submit an outline of the topics to 
be addressed and the amount of time to be devoted to each topic by 
Tuesday, December 3, 2019.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available, free of charge, at the 
hearing or by contacting the Publications and Regulations Branch at 
(202) 317-6901 (not a toll-free number).
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 30 minutes before the 
hearing starts. For information about having your name placed on the 
building access list to attend the hearing, see the FOR FURTHER 
INFORMATION CONTACT section of this document.

Martin V. Franks,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2019-25161 Filed 11-20-19; 8:45 am]
BILLING CODE 4830-01-P