Monthly Archives: March 2010

IRS Provides Guidance on Identifying Numbers for Tax Return Preparers

WASHINGTON — The Internal Revenue Service today issued proposed regulations allowing the IRS to require that tax return preparers use Preparer Tax Identification Numbers (PTINs) as the preparer’s identifying number on all tax returns and tax refund claims that they … Continue reading

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More Than 180 Local IRS Offices Open This Saturday to Help Taxpayers

WASHINGTON — The Internal Revenue Service announced today that IRS offices will be open nationwide on Saturday, March 27 from 9 a.m. to 2 p.m., local time, to help taxpayers. The location of participating offices is listed on IRS.gov.  “We … Continue reading

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IRS Seeks Volunteers for Taxpayer Advocacy Panel

IRS Seeks Volunteers for Taxpayer Advocacy Panel  WASHINGTON — The Internal Revenue Service seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies key issues and makes recommendations for improving … Continue reading

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Two New Tax Benefits Aid Employers Who Hire and Retain Unemployed Workers

WASHINGTON — Two new tax benefits are now available to employers hiring workers who were previously unemployed or only working part time. These provisions are part of the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today. Employers … Continue reading

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Dirty Dozen

Videos Dirty Dozen: English Message for Tax Preparers: English | ASL Choosing a Tax Preparer: English | Spanish | ASL For this and other videos: YouTube/IRSVideos WASHINGTON — The Internal Revenue Service today issued its 2010 “dirty dozen” list of … Continue reading

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IRS Outlines Additional Steps to Assist Unemployed Taxpayers and Others

Video Owe Taxes But Can’t Pay? English Unemployment Compensation: English | Spanish Job Search Expenses: English | Spanish | ASL For these and other videos: YouTube/IRSVideos WASHINGTON — The Internal Revenue Service today announced several additional steps it is taking … Continue reading

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IRS Announces Qualified Disaster Treatment for Chile

Washington The Internal Revenue Service today issued guidance designating the earthquake that occurred in Chile in February 2010 as a qualified disaster for federal tax purposes. The guidance allows individuals who receive qualified disaster relief payments from any person to … Continue reading

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IRS Wins 48-Month Suspension of a Lawyer for Failing to File His Own Tax Return and Late Filing

WASHINGTON — Massachusetts Tax Attorney Kevin Kilduff was barred from practicing before the Internal Revenue Service for 48 months for failing to file one federal tax return and for filing another five returns late. “Professionals who demonstrate a lack of … Continue reading

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IRS and SEC Agree to Work More Closely Regarding Municipal Bond Enforcement

WASHINGTON — The Internal Revenue Service and the Securities and Exchange Commission announced that the two agencies agreed to work more closely to monitor and regulate the municipal bond market and industry. IRS Commissioner Doug Shulman and SEC Chairman Mary … Continue reading

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IRS To Honor Medical Resident FICA Refund Claims

WASHINGTON — The Internal Revenue Service has made an administrative determination to accept the position that medical residents are excepted from FICA taxes based on the student exception for tax periods ending before April 1, 2005, when new IRS regulations … Continue reading

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