Short Refinance™ Mortgage Loan Workouts, Free Foreclosure Solutions, New Mortgage Loan Workouts Loan Modifications  Help for Homeowners Foreclsoures Default Extensions of Resets Paid Extensions of Recast Amortizations New TILA new Fair Debt Loan Workouts
AFN_logo

Press Release
Endorsement

Comments Rev Proc

Rev. Proc 2008-28 Proposed Tax Regulation Comments due JULY 15, 2008

SECTION 8. EFFECTIVE DATE
This revenue procedure governs determinations made by the Service on or after
May 16, 2008, with respect to loan modifications that are effected on or before
December 31, 2010.

SECTION 9. REQUEST FOR COMMENTS
The Service invites public comment on this revenue procedure. In particular, the
Service invites comments on whether this revenue procedure should be extended to
loan modifications that are effected after 2010, whether the Service should consider
changing other provisions of this revenue procedure, and whether the Service should
consider issuing any additional guidance regarding Federal tax issues that are raised by
modifications of mortgage loans to reduce the risk of foreclosure. Comments should be
submitted no later than July 15, 2008, to the Internal Revenue Service, CC:PA:LPD:RU
(Rev. Proc. 2008-28), room 5203, P.O. Box 7604, Ben Franklin Station, Washington,
DC 20044. Comments may be hand delivered between the hours of 8 a.m. and 4 p.m.
to CC:PA:LPD:RU (Rev. Proc. 2008-28), Courier’s Desk, Internal Revenue Service,
1111 Constitution Avenue NW, Washington, DC 20224. Alternatively, comments may
be submitted via the Internet at Notice.Comments@irscounsel.treas.gov (Rev. Proc.
2008-28). All comments will be available for public inspection and copying in their
entirety. Therefore, comments received by the IRS and Treasury should not include
taxpayer-specific information of a confidential nature. Comments should include the
name and telephone number of a person to contact.

-----------------------------------------------------------------------------------------------------------

Research Rev Proc 2008-28

-----------------------------------------------------------------------

Public Comment Filed re Rev Proc 2008-28


 

[Hot Neutral™ Modification Workouts] [Help4ThePeople™] [Short Refinance™] [Short Refi™] [OptInModifications™] [13 Homeowner Solutions] [Opt In Safe Harbor™] [Litigation Free Zone™] [ProCouncil™ Advisory] [Mortgage News Articles] [Hope Now News] [Modifications Guidelines News] [Tax & Modifications] [IRS Rev Proc 2008-28] [Comments Rev Proc] [IRS Rev Proc 2007 72] [Mortgage Workout Forms] [Solutions Mtge Meltdown] [Sbiem™] [Case Updates] [New Mtge Laws Congress] [New Mtge Solutions] [Mtge Disclosure Forms] [Help4TheLenders] [Mtge Federal Agencies] [New Mtge Laws States] [TID™  New Disclosures] [SHILO™  Safe Harbor] [FMII™  Rescue Funds] [FASB Mtge Rules] [Mortgage Federal Laws] [Law of Buying Foreclosures] [About_Contact] [SiteMap] [LOG IN]