The IRS has recently issued a proposed regulation in order to promote the e-filing of tax returns by eliminating the requirement that taxpayers submit a copy of a Section 83(b) election with their tax returns for the year the property was transferred. This election, which still must be submitted to the IRS within 30 days of the date of transfer, allows taxpayers to choose to report income in the year non-vested property from the performance of services is received, rather than the year when the property substantially vests. The proposed regulation will apply to property transfers on or after January 1, 2016, but may be relied upon for property transferred on or after January 1, 2015.  Please note that the requirement to file the 83(b) election no later than 30 days after the date the property is transferred is still in effect.