Daily Tax Update - September 25, 2015: IRS Sets Hearing on Master Limited Partnership Proposed Regulations

IRS Sets Hearing on Master Limited Partnership Proposed Regulations:  Today, the IRS provided notice of public hearing on proposed regulations (REG-132634-14) regarding the types of activities that generate “qualifying income” under section 7704(d)(1)(E).  The public hearing will be held on Tuesday, October 27, 2015.  

House Speaker Boehner Announces Resignation:  Today, House of Representatives Speaker John Boehner (R-OH) announced that he intends to resign from Congress on October 30, 2015.