Saturday - November 23, 2024
*Arkansas Editor Tipoffs Newsletter for Sunday October 27, 2024 ( 2 items )  

DOT FAA Issues Airspace Rules Affecting South Arkansas Regional Airport, Goodwin Field, El Dorado
WASHINGTON, Oct. 26 -- The U.S. Department of Transportation Federal Aviation Administration has issued a notice of proposed rulemaking, published in the Federal Register on Oct. 22, 2024, entitled "Amendment of Class E Airspace; El Dorado, AR." SUMMARY: This action proposes to amend the Class E airspace at El Dorado, AR. The FAA is proposing this action as the result of an airspace review conducted due to the development of new instrument procedures. The geographic coordinates and name of the  more

IRS Issues Notice No. 2024-70 Entitled 'Extension of Replacement Period for Livestock Sold on Account of Drought'
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 Gain on Involuntary Conversion of Livestock. Section 1033(a) ge  more