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Latest News

IRS Selects Three New ETAAC Members
IR-2004-135 — Nora Daly, James Gottfried, and Linda Lueck join the Electronic Tax Administration Advisory Committee (ETAAC).

IRS Reminds Certain Taxpayers of Nov. 10 Deadline
IR-2004-134 — U.S. Uniformed Services and Foreign Service personnel are reminded that Nov. 10 is the deadline to file amended returns to recoup capital gains taxes paid on the sale of a personal residence.

IRS Revises Application Form for Charitable Organizations
IR-2004-133 — New form streamlines application process and will help IRS spot potentially abusive charities.

IRS Seeks Applications for TE/GE Advisory Committee
IR-2004-132 — Committee provides avenue for public input into critical tax administration areas.

Tax-Exempt Organizations and Political Activities
FS-2004-14 — The law prohibits Section 501(c)(3) organizations from certain activities.

IRS.gov Cited as Most Reliable Government Web Site
IR-2004-131 — IRS.gov is one of the first winners of a new awards program designed to recognize excellence in Web site performance.

Check Carefully Before Applying for Offers in Compromise
IR-2004-130 — Don't fall for promoters' promises - taxpayers must meet requirements for an offer in compromise.

IRS Revises Offer in Compromise Application Form; Now Available for Use
IR-2004-129 — IRS has revised Form 656 to make it easier to understand and use.

IRS Tightens Position on Abusive Tax Shelter Settlement Terms
IR-2004-128 — The IRS has tightened its settlement guidelines under which it will accept offers to settle cases with taxpayers that participated in certain abusive transactions.

Tax Scams/Consumer Alerts
The IRS urges taxpayers not to fall victim to tax scams. Taxpayers need to remember that if it sounds too good to be true, it probably is.

2005 Toyota Prius Certified for Clean-Fuel Deduction;
New Law Restores Full Deduction Amount for 2004 and 2005

IR-2004-125 — $2,000 deduction available for qualified new car purchases.

Educators Should Save Receipts for Reinstated Deduction
IR-2004-124 — Up to $250 deductible for classroom supplies.