IRS Latest News



IRS Removes Debt Indicator for 2011 Tax Filing Season IR-2010-89, Aug. 5, 2010 — Debt indicator is used to facilitate refund anticipation loans. IRS Realigns and Renames Large Business Division, Enhances Focus on International Tax Administration IR-2010-88, August 4, 2010 — IRS officials announced today the realignment and renaming of the Large and Mid-Size Business (LMSB) division to Large Business and International (LB&I) division. IRS Offers One-Time Special Filing Relief Program for Small Charities; Oct. 15 Due Date to Preserve Tax-Exempt Status IR-2010-87, July 26, 2010 — Small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by Oct. 15, 2010. IRS Commissioner Doug Shulman's Remarks from the 990 Filing Extension Conference Call on July 26, 2010 July 26, 2010 — Read the Commissioner's remarks about the IRS offering a two-part program to bring small tax-exempt organizations back into compliance so they can preserve their exempt status. IRS Releases Proposed Regulations Related to Fees for Preparer Tax Identification Numbers IR-2010-86, July 22, 2010 — The IRS released proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number (PTIN).
Tax Season 2010 News releases, fact sheets, YouTube and more. Return Preparer Compliance and Enforcement: Information Center The IRS has undertaken several intiatives to reach tax return preparers with education and enforcement. FY 2009 Enforcement Results The IRS FY 2009 Enforcement and Service Results detail the agency's audit, collection and taxpayer service efforts. Tax Benefits for Education: Information Center There is a variety of tax breaks available to assist with the expense of higher education. Tax Relief in Disaster Situations Find information on the most recent tax relief provisions for taxpayers affected by disaster situations. The “What Ifs” of an Economic Downturn Here are some “What if” scenarios and the possible tax impact. Compliance & Enforcement News A collection of recent news releases, statements and other items related to IRS compliance and enforcement efforts. Voluntary Disclosure Taxpayers with unreported income relating to offshore transactions who wish to voluntarily disclose the information to the IRS can find information on the process Commissioner's Comments, Statements and Remarks Various topics including tax administration, the IRS budget and tax shelters. 2010 Filing Season Statistics 2010 filing season statistics showing cumulative and comparative totals through the weeks ending 03/27/09 through April 30, 2010.

IRS Latest News - Updated 08/11/2010

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