Category Archives: Uncategorized

WASHINGTON — Low- and moderate-income workers can take steps now to save for retirement and earn a special tax credit in 2011 and the years ahead, according to the Internal Revenue Service. The saver’s credit helps offset part of the … Continue reading →

WASHINGTON –– The Internal Revenue Service will kick off a series of public meetings  Thursday, Dec. 8 to gather feedback on how to implement a series of long-term changes to the tax system described by IRS Commissioner Doug Shulman in … Continue reading →

WASHINGTON — The Internal Revenue Service today reminded estates of married individuals dying after 2010 that they must file an estate tax return to pass along their unused estate & gift tax exclusion amount to their surviving spouse. Available for … Continue reading →

WASHINGTON — The Internal Revenue Service announced availability of the summer 2010 issue of the Statistics of Income Bulletin, which features sole proprietorship data for tax year 2008. About 23 million individual income tax returns reported at least one nonfarm … Continue reading →

WASHINGTON –– The Internal Revenue Service today announced the opening of a special telephone line for taxpayers affected by the Gulf oil spill. Individuals who have questions about the BP payments or who are experiencing filing or payment hardships because … Continue reading →

WASHINGTON — The Internal Revenue Service today announced it is accepting applications to fill vacancies on the Electronic Tax Administration Advisory Committee (ETAAC), which provides feedback on the policies, programs and procedures of electronic tax administration. Applicants should submit a … Continue reading →

WASHINGTON — Most taxpayers may file their 2007 tax returns electronically beginning on Jan. 11 as the Internal Revenue Service opens the e-file program.   Taxpayers who use IRS e-file and who choose direct deposit can receive their refund in as little as … Continue reading →

WASHINGTON – The Internal Revenue Service has acknowledged the certification by Ford Motor Company that two of its 2005 vehicles meet the requirements of the Alternative Motor Vehicle Credit as qualified hybrid motor vehicles. The tax credit for hybrid vehicles … Continue reading →

WASHINGTON – The Internal Revenue Service is inviting civic-minded individuals to help improve the nation’s tax agency by applying to be members of the Taxpayer Advocacy Panel. The panel provides a forum for citizens from each state to make suggestions … Continue reading →

WASHINGTON – The Internal Revenue Service announced today that taxpayers are continuing to e-file at a record pace. The biggest increase is in returns e-filed from home computers, up almost 17 percent over last year’s figure. “Each year, we are … Continue reading →