What’s New at the IRS?




IRS Digital Dispatch (December 2, 2005)
IRS Digital Dispatch (November 18, 2005)
IRS Digital Dispatch (November 10, 2005)
IRS Digital Dispatch (October 28, 2005)
IRS Digital Dispatch (October 21, 2005)
IRS Digital Dispatch (October 7, 2005)


The IRS.gov Web site offers Tax Professionals Web pages with quick links to tax information for tax pros. You can find links for information on e-services, Offers in Compromise, Basic Tools for Tax Professionals and more.

IRS Headliners can now be researched by volume and/or topic. Feel free to bookmark this site in your browser.

Department of Justice News Releases can be found on the Department of Justice Web site.

IR 2006-25 lists this year’s “Dirty Dozen” tax scams. Be sure to check out the information on refund scams; we’ve seen several in the area already.

Headliner #145 provides information on the standardized procedures for balance due requests and lien processing. It includes a link to Publication 1450, Instructions on How to Request a Certificate of Release of a Federal Tax Lien.

The Taxpayer Advocate’s 2005 Annual Report to Congress is now available.

RECENT TECHNICAL GUIDANCE

Notice 2006-5 provides information to payees/filers who receive payments of interest on qualified education loans who are unable to comply with the reporting requirements for loan origination fees and capitalized interest.

Notice 2006-13 announces that IRS and Treasury intend to issue final regulations regarding dual resident corporations filing relief.

Notice 2006-14 A study of the current §751(b) regulations is being done, and the IRS is requesting comments on considering alternative approaches to achieving the purpose of the statute.

Notice 2006-18 publishes the tentative recomputed differential earnings rate for 2004 used by mutual life insurance companies to compute their income tax liability for 2005.

Notice 2006-15 provides an extension of the safe harbor date that applies to certain charitable remainder annuity trusts or charitable remainder unitrusts.

Notice 2006-13 announces that IRS and Treasury intend to issue final regulations under section 1503(d) to provide that a reasonable cause standard similar to Prop. Treas. Reg. § 1.1503(d)-1(c)(1) will apply to cure all late filings under section 1503(d).



Copyright © 2005 Washington State Bar Association,
Section of Taxation. Legal Notices.

Feedback about our website? Contact our Webmaster.
Calendar

IRS

DOR