[{"articleAbstract":"The IRS advises that Form 1099-C, Cancellation of Debt, should not be filed for student loans covered by the ARPA temporary special rule excluding most discharges from borrowers’ income.","articleTitle":"Lenders should not report student loans discharged under ARPA","externalizedPath":"https://www.thetaxadviser.com/news/2021/dec/lenders-should-not-report-student-loans-discharged-under-arpa","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2021/dec/lenders-should-not-report-student-loans-discharged-under-arpa"},"sortDate":"2021-12-22T10:56:00.000-05:00"},{"articleAbstract":"To be deductible at the entity level, payments by passthrough entities of state and local taxes should be made in the tax year of the liability, but state-specific elections may complicate that timing, tax advocates advise.","articleTitle":"SALT payments before year end a priority for passthroughs","externalizedPath":"https://www.thetaxadviser.com/news/2021/dec/salt-payments-before-year-end-priority-passthroughs","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2021/dec/salt-payments-before-year-end-priority-passthroughs"},"sortDate":"2021-12-20T12:26:00.000-05:00"},{"articleAbstract":"The IRS issued the annual update of the mileage rate taxpayers may use to compute their deductible automobile costs.","articleTitle":"Standard mileage rates to go up in 2022","externalizedPath":"https://www.thetaxadviser.com/news/2021/dec/standard-mileage-rates-up-2022","featureImage":{"imageTagAttributes":{"src":"/etc/designs/default/resources/0.gif","alt":"","title":"","class":"cq-image-placeholder"}},"page":{"path":"/news/2021/dec/standard-mileage-rates-up-2022"},"sortDate":"2021-12-17T15:15:00.000-05:00"}]