Category Archives: IRS Updates

For Small Business Week, IRS Spotlights Expanded Tax Credit for Hiring Veterans, Credit for Providing Health Care Coverage to Employees and Tax Relief

IR-2012-56, May 23, 2012 — IRS reminds small businesses about tax credits available in 2012. Continue reading

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IRS Marks Third Anniversary of Return Preparer Review; Urges Required Preparers to Take Competency Test as Soon as Possible

IR-2012-59, June 5, 2012 — The IRS marks the 3rd anniversary of its return preparer initiative and urged those paid tax return preparers required to pass a new competency test to take the test as soon as possible. Continue reading

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Spring 2012 Statistics of Income Bulletin Now Available

IR-2012-58, May 25, 2012 — The IRS Statistics of Income spring bulletin describes the tax aspects of high-dollar returns filed for tax year 2009. The bulletin also contains six other articles on tax-related subjects. Continue reading

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Spring 2012 Statistics of Income Bulletin Now Available

IR-2012-58, May 25, 2012 — The IRS Statistics of Income spring bulletin describes the tax aspects of high-dollar returns filed for tax year 2009. The bulletin also contains six other articles on tax-related subjects. Continue reading

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IRS Names Seven New Members to ACT Panel; ACT to Submit Recommendations at June Meeting

IR-2012-57, May 24, 2012 — The Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting on June 6, when the panel will submit its latest round of recommendations. Continue reading

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Interest Rates Remain the Same for the Third Quarter of 2012

IR-2012-55, May 22, 2012 — Interest rates for the 3rd quarter of 2012 remain the same as in the prior quarter. Continue reading

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IRS Announces 43 Small Offices to Close, Others to be Consolidated; Agency Sheds More than One Million Square Feet of Office Space

IR-2012-54, May 22, 2012 — By cutting more than 1 million square feet of office space, the IRS will save taxpayers millions of dollars. Continue reading

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IRS Announces More Flexible Offer-in-Compromise Terms to Help a Greater Number of Struggling Taxpayers Make a Fresh Start

IR-2012-53, May 21, 2012 — IRS announces taxpayer-friendly changes to its Offer in Compromise program as part of the agency’s “Fresh Start” initiative. Continue reading

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Treasury and IRS to Hold Consultation Call with Tribal Leaders

IR-2012-52, May 14, 2012 — The Treasury Department and the IRS will jointly conduct a consultation and listening session on the General Welfare Exclusion to Benefits Provided under Indian Tribal Government Programs. Continue reading

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IRS Seeks Applications for the Internal Revenue Service Advisory Council

IR-2012-51, May 4, 2012 — Applications are being accepted for the Internal Revenue Service Advisory Council, which provides a public forum for IRS officials and representatives of the public to discuss relevant federal tax administration issues. Continue reading

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