News Releases for March 2008

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IR-2008-51, March 27, 2008 — The Internal Revenue Service today urged taxpayers eligible for the economic stimulus payment to file their tax return now in order to get their payment in a timely manner. Also includes filing season statistics.

IR-2008-50, March 24, 2008 — The Internal Revenue Service and scores of its partners nationwide will open hundreds of locations on Super Saturday, March 29, in an effort to reach those Americans who are eligible for the economic stimulus payment but who normally are not required to file an income tax return.

IR-2008-49, March 24, 2008 — The IRS will accept applications for a part-year Low Income Taxpayer Clinic (LITC) matching grant from qualified organizations in 12 states.

IR-2008-48, March 20, 2008 — Military personnel serving in combat zones have the option of including their nontaxable combat pay on their 2007 or 2008 income tax returns if it helps their eligibility for the 2008 economic stimulus payments.

IR-2008-47, March 20, 2008 — The continued growth of Free File shows taxpayers are taking advantage of the program’s benefits, which include free electronic return preparation and filing of tax returns, as well as quicker refunds with direct deposit.

IR-2008-46, March 19, 2008 — To collect the money, a tax return for 2004 must be filed with the IRS by no later than Tuesday, April 15, 2008.

IR-2008-45, March 18, 2008 — The Department of the Treasury, IRS and the Taxpayer Advocacy Panel are committed to creating the most user-friendly, customer-oriented tax administration system possible.

IR-2008-44, March 17, 2008 — IRS posts schedule of economic stimulus payments and provides a payment calculator on IRS.gov.

IR-2008-43, March 14, 2008 — The IRS released the 2007 IRS Data Book, which is an annual snapshot of IRS activities for a given fiscal year.

IR-2008-42, March 14, 2008 — As part of a national outreach effort, the Internal Revenue Service today encouraged nonprofits, charities and other community groups to reach out to low-income Americans who may not realize they are eligible for the 2008 economic stimulus payment.

IR-2008-41, March 13, 2008 — The IRS today issued its 2008 list of the 12 most egregious tax schemes and scams, highlighted by Internet phishing scams and several frivolous tax arguments.

IR-2008–40, March 12, 2008 — The IRS today issued a notice providing procedures for vehicle manufacturers to certify that a fuel cell vehicle meets the requirements for a tax credit.

IR-2008-39, March 12, 2008 — One quarter of all individual tax returns so far this filing season is being processed by the modernized account information computer system.

IR-2008-38 March 10, 2008 — The IRS has awarded almost $9 million in matching grants to Low Income Taxpayer Clinics to help low income taxpayers.

IR-2008-37, March 10, 2008 — Starting next week, the Internal Revenue Service will mail special information packages to 20.5 million recipients of Social Security or Veterans Affairs benefits to help them get their 2008 economic stimulus payment.

IR-2008-36, March 7, 2008 — Using the Industry Issue Resolution (IIR) program, the IRS today issued guidance regarding the proper pooling treatment of automobiles, light-duty trucks, and crossover vehicles which have characteristics of trucks and cars under the dollar-value, last-in, first out (LIFO) inventory method.

IR-2008-35, March 7, 2008 — The Treasury Department and the Internal Revenue Service issued proposed regulations to clarify the treatment of expenditures incurred in selling, acquiring, producing or improving tangible assets.

IR-2008-34, March 6. 2008 — The Internal Revenue Service announced today that individuals who normally do not file a tax return but must do so this year in order to receive their 2008 economic stimulus payment can now use the IRS Free File program to help them file returns for 2007.

IR-2008-33, March 4, 2008 — The IRS announced today that it has automated the user fee calculations for taxpayers entering into an installment agreement.

IR-2008-32 , March 3, 2008 — The Internal Revenue Service announced that e-file is off to a fast start in 2008 with more than 38 million tax returns filed electronically so far.

IR-2008-93, Aug. 7, 2008 — The IRS invites businesses and associations to participate in the Industry Issue Resolution (IIR) program.

IR-2008-30, March 3, 2008 — Interest rates drop one percentage point for the quarter beginning April 1, 2008.

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