News Releases for March 2004


Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

IRS Introduces e-file for Corporations, Exempt Organizations

IR-2004-43 — Corporations and tax-exempt groups can reduce the time it takes to file their Forms 1120 and 990 simply by filing them electronically.

IRS Warns of “Corporation Sole” Tax Scam

IR-2004-42 — Promoters misrepresent laws intended for legitimate religious organizations and their leaders.

Stiff Court Penalties for Frivolous Appeals to Delay IRS Collections

IR-2004-41 — Tax Court imposed nearly $136,000 in penalties on 23 taxpayers.

Home Computer Use of E-file Jumps

IR-2004-40 — Nearly 10 million taxpayers have e-filed their own returns, almost 23% more than last year. Filing statistics through March 19.

IRS Announces Two Key Appointments in Large and Mid-Size Business Division

IR-2004-39 — Frank Ng and Kathy Petronchak named to new posts.

IRS Reminds Farmers How to Report Market Gain When Using Commodity Credit Corporation (CCC) Certificates to Facilitate Repayment of CCC Loans

IR-2004-38 — Choice to treat the loan proceeds as income or not affects how market gain is reported in later years.

Everson Names Bruce Ungar, Frank Keith to Leadership Posts

IR-2004-36 — Ungar named Deputy Commissioner, Large and Mid-Size Business Division and Keith named Chief, Communications and Liaison.

Statement of Joint Cooperation Regarding Abusive Tax Transactions

IR-2004-35 — The tax commissioners of Australia, Canada, the United Kingdom and the United States look to increase collaboration and coordinate information about abusive tax transactions.

Remarks of Mark W. Everson Commissioner of Internal Revenue before the National Press Club Washington, D.C.

IR-2004-34 — Text of speech delivered at the National Press Club, March 15, 2004.

IRS Announces Senior Leadership Appointments

IR-2004-33 — Commissioner's chief of staff changes roles, two division commissioners change, effective June 1.

E-filing Continues Surge with 10 Percent Jump

IR-2004-32 — Home computer filings up 23 percent. IRS has corrected more than 1.3 million Child Tax Credit errors. Filing statistics through March 5.

IRS Issues Guidance on Recoverable Reserves

IR-2004-31 — New guidance on the computation of total recoverable units for purposes of computing cost depletion.

Industry Issue Resolution Program Seeks New Applicants

IR-2004-30 — Issues for the next selection round must be submitted by March 31, 2004.

Use of “Where’s My Refund?” Service Up Sharply

IR-2004-29 — Nearly twice as many taxpayers have used this feature this year.

E-filing, Home Computer Use Surges

IR-2004-28 — Solid growth in computer filings and the Free File program. Filing statistics through Feb. 27.

Interest Rates Increase for the Second Quarter of 2004

IR-2004-27 — Rise of one percentage point is the first since April 2000.

IRS Updates the ‘Dirty Dozen’ for 2004: Agency Warns of New Scams

IR-2004-26 — Several new scams have reached the top of the consumer watch list, including abusive trusts and the “claim of right” doctrine.

News Release and Fact Sheet Archive

News releases and fact sheets from November 2002 forward and an archive of news releases and fact sheets in PDF format back to 1997.