Revenue Procedure 2016-14 provides the inflation adjustments for additional items that are adjusted for inflation due to the enactment of the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), including certain expenses of elementary and secondary school teachers, qualified transportation fringe benefits, and the aggregate cost of certain depreciable assets that a taxpayer may elect to expense under Section 179. 

In accordance with Section 6039G, Treasury and the IRS released the list of individuals losing United States citizenship (within the meaning of section 877(a) or 877A) with respect to whom Treasury received information during the quarter ending December 31, 2015.