Monthly Archives: July 2011

IRS Takes Next Steps in International Realignment; Bolsters Transfer Pricing Compliance Programs and International Coordination

WASHINGTON — IRS officials today announced they are taking additional steps in their continuing efforts to improve the agency’s international operations. First, the IRS Advance Pricing Agreement (APA) Program, concerned exclusively with reaching pre-filing agreements with taxpayers on transfer pricing, … Continue reading

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Two-Year Limit No Longer Applies to Many Innocent Spouse Requests

WASHINGTON — The Internal Revenue Service today announced that it will extend help to more innocent spouses by eliminating the two-year time limit that now applies to certain relief requests. “In recent months, it became clear to me that we … Continue reading

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Erik Corwin Named Deputy Chief Counsel (Technical)

WASHINGTON —The Internal Revenue Service today announced the selection of Erik Corwin for the position of Deputy Chief Counsel (Technical), effective Aug. 28, 2011. “I am pleased that Erik is joining the Chief Counsel leadership team,” IRS Chief Counsel William … Continue reading

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Comments Sought on Updated Rules for IRS Communications with Appeals Office

WASHINGTON — The Internal Revenue Service today requested public comment on proposed updates to existing rules on permissible communications between the Office of Appeals and other parts of the IRS. The updates are necessary because the IRS has made changes … Continue reading

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IRS Gives Truckers Three-Month Extension; Highway Use Tax Return Due Nov. 30

WASHINGTON — The Internal Revenue Service today advised truckers and other owners of heavy highway vehicles that their next federal highway use tax return, usually due Aug. 31, will instead be due on Nov. 30, 2011. Because the highway use … Continue reading

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Treasury and IRS Issue Guidance Outlining Phased Implementation of FATCA Beginning in 2013

WASHINGTON — The Treasury Department and the Internal Revenue Service today issued a notice announcing plans to phase in the requirements of the Foreign Account Tax Compliance Act (FATCA).  The new law targets noncompliance by U.S. taxpayers through foreign accounts.  … Continue reading

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WASHINGTON –– The Internal Revenue Service will open the doors to dozens of its Taxpayer Assistance Centers across the country this coming Saturday, July 16, 2011, to answer taxpayer questions and provide help with tax filing issues. This special event … Continue reading

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IRS Urges Taxpayers to Avoid Becoming Victims of Tax Scams

WASHINGTON — The Internal Revenue Service today encouraged taxpayers to guard against being misled by unscrupulous individuals trying to persuade them to file false claims for tax credits or rebates. The IRS has noted an increase in tax-return-related scams, frequently … Continue reading

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IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules

WASHINGTON — As part of its new oversight program of the nation’s tax return preparation industry, the Internal Revenue Service today announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to … Continue reading

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IRS Reaches Agreement Regarding Millennium Multiple Employer Welfare Benefit Plan

WASHINGTON — The Internal Revenue Service announced today that it has reached an agreement with the Millennium Multiple Employer Welfare Benefit Plan (Millennium Plan). The Millennium Plan is presently the subject of a bankruptcy proceeding that was filed on June … Continue reading

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