News Releases for January 2007


Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Purchasers of Ford Hybrids Still Qualify for Tax Credit

IR-2007-22, Jan. 31, 2007 — The IRS announced that purchasers of qualified Ford Motor Company vehicles may continue to claim the Alternative Motor Vehicle Credit. Also, four qualifying 2008 Ford hybrid vehicles were announced.

Mistakes Abound on Telephone-Tax Refund Requests; IRS Offers Tips for Getting a Speedy Refund

IR-2007-21, Jan. 31, 2007 — Taxpayers can improve their chances of correctly requesting and timely receiving the telephone tax refund by noting mistakes made by others and following IRS recommendations.

Taxpayer Advocacy Panel Members Selected 2007

IR-2007-20, Jan. 30, 2007 — Thirty-three new members will join 64 returning members on the committee, which provides direct taxpayer input to the IRS.

New State Sales Tax Calculator Debuts on

IR-2007-19, Jan. 29, 2007 — The IRS is providing a new online tool to help individual taxpayers determine whether they might benefit by electing to deduct their state and local general sales taxes. Offers Online Alternative Minimum Tax Assistance

IR-2007-18, Jan. 26, 2007 — IRS announced that it has updated its online tool to help taxpayers determine whether they may owe the Alternative Minimum Tax (AMT).

Redesigned Form 940 Has Many Improvements for Tax Year 2006

IR-2007-17, Jan. 26, 2007 — Check out the redesigned Form 940. It's easier than ever.

Some Telephone Tax Refund Requests May Be Too High; IRS Will Deny Improper Requests

IR-2007-16, Jan. 25, 2007 — Most taxpayers are claiming the amount properly, but those requesting inflated amounts could have their refunds frozen, be audited or face investigation.

Taxpayers Have Until April 17 to File and Pay

IR-2007-15, Jan. 24, 2007 — This year, taxpayers will have extra time beyond the traditional April 15 deadline to file their 2006 returns and pay any taxes due.

IRS, Telemundo Host Tax Information Program for Spanish-Speaking Taxpayers 2007

IR-2007-14, Jan. 24, 2007 — On January 28, 2007, the IRS and Telemundo will present a TV program for Spanish-language taxpayers at 3:30 Eastern and Pacific times and 2:30 Central and Mountain times, called "Los Impuestos y Usted."

New Internet-Based Workshop Helps Tax Exempt Organizations Remain in Compliance

IR-2007-13, Jan. 22, 2007 – The Internal Revenue Service has launched a new Internet-based version of its popular Exempt Organizations Workshop covering tax compliance issues confronted by small and mid-sized tax-exempt organizations, including charities and churches.

IRS Selects New Members for Information Reporting Program Advisory Committee

IR-2007-12, Jan. 18, 2007 — IRPAC provides an organized public forum for discussion of relevant tax administration issues.

Improved, Expanded Free File Program Opens Today for 95 Million Taxpayers

IR-2007-11, Jan. 16, 2007 — For the fifth year, the IRS and its private-sector partners offer free electronic filing for eligible taxpayers, with expanded service and new features.

IRS E-File Opens for 2007 Filing Season

IR-2007-10, Jan. 12, 2007 — Electronic filing results in fewer errors and faster refunds. Last year, more than 73 million federal tax returns were e-filed.

First Bilateral Advance Pricing Agreement Concluded Between the United States and the Peoples Republic of China

IR-2007-09, Jan. 12, 2007 — In first bilateral advance pricing agreement between U.S. and China, Wal-Mart worked with the two tax agencies to resolve transfer pricing issues before they would arise in an audit.

2007 Nissan Altima Certified as Qualified Hybrid Vehicle

IR-2007-08, Jan. 11, 2007 — The Internal Revenue Service has acknowledged the certification by Nissan North America, Inc., that its 2007 Nissan Altima Hybrid vehicle meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle.

U.S. Treasury and Illinois Department of Revenue Announce First in the Nation Federal-State Tax Payment Pilot PDF

Illinois business taxpayers are the first in the nation to be able to pay state withholding and federal taxes at the same time through a single system.

IRS, Treasury Issue Guidance on New Distribution Provisions of the Pension Protection Act

IR-2007-7, Jan. 10, 2007 — New guidance addresses questions on issues such as hardship and early distributions from plans, rollovers, earlier vesting and more.

IRS Chief Counsel Revitalizes Professor-in-Residence Program

IR-2007-06, Jan. 10, 2007 — Calvin H. Johnson of the University of Texas Law School to serve as the 2007 Professor in Residence

IRS, Hollywood Foreign Press Association Reach Agreement On Gift Baskets

IR-2007-05, Jan. 10, 2007 — The IRS announced another milestone in its outreach campaign to the entertainment industry regarding the taxability of gift bags and promotional items.

National Taxpayer Advocate Releases 2006 Report to Congress: Stresses Need for Action on AMT and Tax Gap; Focuses on IRS Collection and Transparency

IR-2007-04, Jan. 9, 2007 — The report identifies areas of concern and recommends a variety of legislative solutions.

IRS Plans Feb. 3 Start Date for Processing Extender Claims

IR-2007-03, Jan. 8, 2007 — IRS announces that it will begin accepting returns from taxpayers making claims resulting from the recently passed extender legislation on Feb. 3.

Modernized e-File Available for Partnership Returns

IR-2007-02, Jan. 8, 2007 — Modernized e-File offers transactional processing, binary file attachments and other benefits.

2007 Filing Season Kicks Off with New Features, Extended Tax Breaks; Tax Forms in Mail This Week

IR-2007-01, Jan. 4, 2007 — The new filing season brings changes that taxpayers should be aware of.

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