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Monthly Archives: July 2010
IRS Releases Proposed Regulations Related to Fees for Preparer Tax Identification Numbers
WASHINGTON — The Internal Revenue Service today released proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number (PTIN). Proposed regulations that were issued in March would require certain tax return preparers to … Continue reading
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IRS Newswire — IR-2010-84, IRS Opens Dedicated Phone Line for Gulf Oil Spill Victims
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
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National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year
WASHINGTON — National Taxpayer Advocate Nina E. Olson today released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year. The report expresses concern about the adequacy of IRS … Continue reading
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CPA Disbarred for Failure to Exercise Due Diligence and Compliance Problems
WASHINGTON — The Office of Professional Responsibility (OPR) has prevailed in an agency appeal involving issues which include the due diligence responsibilities of a CPA under the Rules of Practice before the IRS (Circular 230). The May 28th decision of … Continue reading
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IRS Highlights Job Opportunities for New Grads on YouTube
WASHINGTON — The Internal Revenue Service today announced the availability of a new job search tool on YouTube dedicated to helping job seekers learn about employment opportunities at the IRS. “Whether you’re a veteran or a recent college graduate, the … Continue reading
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Closing Deadline Extended to Sept. 30 for Eligible Homebuyer Credit Purchases
WASHINGTON — Eligible taxpayers who contracted to buy a home, qualifying for the first-time homebuyer credit, before the end of April now have until Sept. 30, 2010 to close the deal, according to the Internal Revenue Service. The Homebuyer Assistance … Continue reading
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