Feb 26, 2010

IRS Latest News

Feb. 28 is Last Day for Special Tax Option for Haiti Relief Donations
IR-2010-21 Feb.19, 2010 — Taxpayers wishing to claim their Haiti relief donations on the tax return they are filling out this season must make those donations by the end of this month.

IRS Statement: Austin Incident Does Not Affect Tax Return Processing
In light of the recent Austin tragedy, the IRS wants to reassure Americans that this incident will not affect filing season activities, including tax return processing.

Statement of IRS Commissioner Doug Shulman Regarding the Austin Incident
Commissioner Shulman provides an initial statement regarding the plane crash.

IRS Approves Second Round of Issuance by Indian Tribal Governments of Economic Development Bonds
IR-2010-20, Feb. 11, 2010 — Seventy-six tribal governments awarded a combined $1.005 billion of bond issuance authority.

IRS Suspends Tax Practitioner for Preparing False Tax Returns
IR-2010-19, Feb. 5, 2010 — A CPA has been suspended for twelve months from practice before the IRS by the Office of Professional Responsibility.

IRS Debunks Frivolous Tax Arguments
IR-2010-18, Feb. 5, 2010 — The 2010 version of a discussion and rebuttal of common frivolous arguments made by those who oppose compliance with federal tax laws has been released.

Tax Season 2010
News releases, fact sheets, YouTube and more.

Return Preparer Compliance and Enforcement: Information Center
The IRS has undertaken several intiatives to reach tax return preparers with education and enforcement.

FY 2009 Enforcement Results
The IRS FY 2009 Enforcement and Service Results detail the agency's audit, collection and taxpayer service efforts.

Tax Benefits for Education: Information Center
There is a variety of tax breaks available to assist with the expense of higher education.

Tax Relief in Disaster Situations
Find information on the most recent tax relief provisions for taxpayers affected by disaster situations.

Alternative Motor Vehicle Credit
Feb. 2008 — Information on hybrid cars, including the certified car models and the amount of the tax credit or deduction for each. Frequently updated.

The "What Ifs" of an Economic Downturn
Here are some "What if" scenarios and the possible tax impact.

Compliance & Enforcement News
A collection of recent news releases, statements and other items related to IRS compliance and enforcement efforts.

Voluntary Disclosure
Taxpayers with unreported income relating to offshore transactions who wish to voluntarily disclose the information to the IRS can find information on the process

Commissioner's Comments, Statements and Remarks
Various topics including tax administration, the IRS budget and tax shelters.