News Releases for June 2011

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year

IR-2011-71, June 29, 2011 — National Taxpayer Advocate Nina E. Olson released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year.

Reminder: Report Certain Foreign Bank and Financial Accounts to Treasury by June 30

IR-2011-70, June 24, 2011 — IRS reminds everyone who has a bank or other financial account in a foreign country that they may be required to report it to the U.S. Department of the Treasury by June 30 each year.

IRS Increases Mileage Rate to 55.5 Cents per Mile

IR-2011-69, June 23, 2011 — Starting July 1, the standard mileage rate for business miles driven is increased to 55.5 cents per mile.

IRS Electronic Tax Administration Advisory Committee (ETAAC) Delivers Report to Congress

IR-2011-68, June 15, 2011 — The Electronic Tax Administration Advisory Committee released its 2011 Annual Report to Congress.

Spring 2011 Statistics of Income Bulletin Now Available

IR-2011-67, June 14, 2011 — The IRS released the spring 2011 issue of the Statistics of Income Bulletin.

June 15 Tax Deadline Nears for Americans Abroad; Don’t Forget to Report Foreign Accounts

IR-2011-66, June 10, 2011 – Taxpayers abroad qualifying for an automatic two-month extension must file their 2010 federal income tax returns by Wednesday, June 15.

IRS Announces Low Income Taxpayer Clinic Grant Recipients

IR-2011-65, June 10, 2011 –– The IRS has awarded nearly $10 million in matching grants to Low Income Taxpayer Clinics (LITCs) for the 2011 grant cycle.

One Billion Served: IRS E-File Passes Major Milestone

IR-2011-64, June 9, 2011 — IRS e-file has reached a major milestone as it passed the one billion mark for individual tax returns processed safely and securely since 1986.

IRS Identifies Organizations that Have Lost Tax-Exempt Status; Announces Special Steps to Help Revoked Organizations

IR-2011-63, June 8, 2011— The IRS announced that approximately 275,000 organizations have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years.

IRS Names 10 New Members to the Advisory Committee on Tax Exempt and Government Entities

IR-2011-62, June 7, 2011 — Ten new members have been selected for the IRS Advisory Committee on Tax Exempt and Government Entities (ACT).

Treasury and IRS Announce Proposed Changes to New Markets Tax Credit Program to Foster Greater Investment in Operating Businesses

IR-2011-61, June 3, 2011 — The U.S. Treasury and IRS announced proposed changes to the new markets tax credit program to encourage more investment in non-real estate businesses.

IRS Advisory Committee on Tax Exempt and Government Entities To Submit Recommendations at June Meeting 2011

IR-2011-60, June 1, 2011 — The IRS Advisory Committee on Tax Exempt and Government Entities will provide its latest recommendations to the IRS leadership at a June 15 public meeting.

Prepare for Hurricanes, Disasters by Safeguarding Tax Records 2011

IR-2011-59, June 1, 2011 — The 2011 hurricane season starts today, and the IRS encourages individuals and businesses to safeguard themselves against natural disasters by taking a few simple steps.

IRS Accepting Applications for Low Income Taxpayer Clinic Grants 2011

IR-2011-58, June 1, 2011 — The IRS announced the opening of the 2012 Low Income Taxpayer Clinic (LITC) grant application process.

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