"This revenue procedure explains both the procedure otherwise required under the regulations (the 'standard procedure') and an elective procedure (the 'alternative procedure') for preparing and filing certain Forms 1042-S, all forms in the series 1098, 1099, and 5498, and Forms W-2G, in certain situations involving a successor business entity and a predecessor business entity (i.e., a corporation, partnership, or sole proprietorship) when the successor acquires substantially all of the property [1] used in the trade or business of the predecessor (including certain situations when one or more corporations are absorbed by another corporation pursuant to a merger agreement), or [2] used in a separate unit of a trade or business of the predecessor."  MORE >>