Monthly Archives: February 2010

Interest Rates Remain the Same for the Second Quarter of 2010

WASHINGTON — The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2010, will remain the same. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a … Continue reading

Comments Off

Feb. 28 is Last Day for Special Tax Option for Haiti Relief Donations

WASHINGTON — 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, according to the Internal Revenue Service. Individuals and corporations have … Continue reading

Comments Off

IRS Approves Second Round of Issuance by Indian Tribal Governments of Economic Development Bonds

WASHINGTON — The U.S. Department of the Treasury and the Internal Revenue Service today announced the allocation of a second round of authority to Indian tribal governments to issue Tribal Economic Development Bonds under the American Recovery and Reinvestment Act … Continue reading

Comments Off

IRS Suspends Tax Practitioner for Preparing False Tax Returns

WASHINGTON — A Certified Public Accountant has been suspended for twelve months from practice before the Internal Revenue Service by the Office of Professional Responsibility for providing false or misleading information in connection with the preparation of his clients’ tax … Continue reading

Comments Off

IRS Debunks Frivolous Tax Arguments

WASHINGTON — The Internal Revenue Service today released the 2010 version of its discussion and rebuttal of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal tax laws. Anyone who contemplates arguing … Continue reading

Comments Off

IRS Seeks Members for Electronic Tax Administration Advisory Committee

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

Posted in Uncategorized | Comments Off