News Releases for May 2010

Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Recent Legislation Offers Special Tax Incentives for Small Businesses to Provide Health Care, Hire New Workers

IR-2010-69, May 28, 2010 — Recently enacted federal legislation includes tax-saving opportunities for small businesses.

Prepared Remarks of IRS Commissioner Douglas H. Shulman Before the American Payroll Association and the American Accounts Payable Association

IR-2010-68, May 27, 2010 — Read the commissioner's speech before the American Payroll Association and American Accounts Payable Association's 28th Annual Congress.

IRS Advisory Committee on Tax Exempt and Government Entities To Submit Recommendations at June Meeting 2010

IR-2010-67, May 27, 2010 — The IRS’s Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting on June 9 and submit its latest round of recommendations.

IRS Seeking Applications for Volunteer Tax Assistance Program Grants 2010

IR-2010-66, May 26, 2010 – The IRS will soon begin accepting applications for the Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grant programs, which will allow some organizations to apply for annual funding for up to three years.

Interest Rates Remain the Same For the Third Quarter of 2010

IR-2010-65, May 20, 2010 – The IRS announced that interest rates for the calendar quarter beginning July 1, 2010, will remain the same.

Form to Claim Payroll Tax Exemption for Hiring New Workers Now Available

IR-2010-64, May 18, 2010 — Exemption applies to wages paid from March 19 through Dec. 31, 2010.

IRS Offers Details on New Small Business Health Care Tax Credit

IR-2010-63, May 17, 2010 — Small businesses that receive state heath care tax credits may still qualify.

IRS Issues Spring 2010 Statistics of Income Bulletin

IR-2010-62, May 14, 2010 —The IRS released the spring 2010 issue of the Statistics of Income Bulletin, featuring data on high-income returns filed for tax year 2007, gift tax returns filed in 2008 and trust income from the 2002 through 2006 period.

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

IR-2010-61, May 13, 2010 – The IRS announced the selection of four new members to the Advisory Committee on Tax Exempt and Government Entities (ACT) for the term starting in 2010 and ending in 2012.

Save Money, Sign Up Now for the 2010 IRS Nationwide Tax Forums

IR-2010-60, May 13, 2010 — Register now for the IRS Nationwide Tax Forums and save $129.

Many Tax-Exempt Organizations Must File Form 990 by May 17 Deadline to Preserve Tax-Exempt Status with IRS

IR-2010-59, May 7, 2010 — A crucial filing deadline of May 17 is looming for many tax-exempt organizations that are required by law to file their Form 990 with the IRS or risk having their federal tax-exempt status revoked.

IRS Releases Interim Report on Nonprofit Colleges and Universities Compliance Project 1

IR-2010-58, May 7, 2010 — The IRS released an interim report summarizing responses to compliance questionnaires sent to 400 public and private colleges and universities in October 2008.

Bond Attorney Suspended for 24 Months

IR-2010-57, May 5, 2010 — The IRS has accepted an offer of consent to suspension from bond attorney Michael W. McCall.

IRS Seeks Applications for Advisory Council 1

IR-2010-56, May 3, 2010 — The IRS announced it is accepting applications for new members for the Internal Revenue Service Advisory Council (IRSAC), which provides a forum for IRS officials to discuss key areas of tax administration with a broad range of tax and other relevant professionals.

Open House on Saturday May 15 to Help Small Businesses, Individuals Solve Tax Problems

IR-2010-55, May 3, 2010 — At least one location will be open in every state and the District of Columbia.

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