{"ok":true,"canonical_url":"https://dealroom.so/glossary/irs-regulations","api_url":"https://dealroom.so/api/public/glossary/irs-regulations","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"irs-regulations","term":"IRS regulations","aka":"Internal Revenue Service regulations","group":"People and paperwork","definition":"Rules and guidelines set by the Internal Revenue Service governing federal tax laws. You must comply with these when structuring your deal and operating your business to avoid penalties.","what_it_means":"IRS regulations are critical for understanding the tax implications of your business acquisition, especially concerning the structure (asset vs. stock purchase) and the use of retirement funds for equity via Rollovers for Business Start-ups (ROBS) or Self-directed IRAs. Non-compliance can lead to significant financial penalties.","url":"https://dealroom.so/glossary/irs-regulations","official_sources":[],"related":[{"slug":"tax-implication","term":"Tax implication","url":"https://dealroom.so/glossary/tax-implication"},{"slug":"rollovers-for-business-start-ups-plan","term":"Rollovers for Business Start-ups plan","url":"https://dealroom.so/glossary/rollovers-for-business-start-ups-plan"},{"slug":"self-directed-ira","term":"Self-directed IRA","url":"https://dealroom.so/glossary/self-directed-ira"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[{"question":"What if the business I'm acquiring currently owes money to the IRS or state tax authorities?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-acquiring-currently-owes-money-to-the-irs-or-state-tax-authoritie"},{"question":"What happens if my business has outstanding federal taxes, like IRS debt, when applying for an SBA loan?","url":"https://dealroom.so/sba-loans/basics/what-happens-if-my-business-has-outstanding-federal-taxes-like-irs-debt-when-applying-for-"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — IRS regulations","url":"https://dealroom.so/glossary/irs-regulations","source_type":"DealRoom Data"}}