News Releases for September 2007

Notice: Historical Content
This is an archival or historical document and may not reflect current law, policies or procedures.

Equal Employment Opportunity Commission Recognizes IRS Efforts to Employ Blind, Visually Impaired

IR-2007-162, Sept. 26, 2007 — IRS and Lions World Services for the Blind train visually impaired for positions in the IRS.

New Online Employer Identification Number Application Processes Requests in Minutes

IR-2007-161, Sept. 25, 2007 — Taxpayers can access the new system on IRS.gov.

Treasury Chooses AT&T for TNet under Networx Universal

IR-2007-160, Sept. 24, 2007 — The overall contract value is estimated at $270 million over the life of the contract.

Special Web Section Unveiled for Homeowners Who Lose Homes; Foreclosure Tax Relief Available to Many

IR-2007-159, Sept. 17, 2007 — The IRS unveiled a special new section today on IRS.gov for people who have lost their homes due to foreclosure.

Back to School Tax Breaks Help Teachers Pay Classroom Costs; Aid Parents, Students With College Tuition

IR-2007-158, Sept. 11, 2007 — With the new school year now under way, the IRS today reminded teachers, parents and students that saving receipts and keeping good records can help them take advantage of various education-related deductions and credits on their 2007 federal income tax return.

Treasury, IRS Extend Documentation Deadline for 409A Compliance

IR-2007-157, Sept. 10, 2007 — The Treasury Department and the IRS announced today that taxpayers will have until Dec. 31, 2008, to bring documents into compliance with the final nonqualified deferred compensation regulations under section 409A of the Internal Revenue Code.

GM’s 2008 Chevrolet and Saturn Certified As Qualified Hybrid Vehicles

IR-2007-156, Sept. 6, 2007 — The IRS has acknowledged the certification by General Motors Corp. that two of its Model Year 2008 vehicles meet the requirements of the Alternative Motor Vehicle Credit as qualified hybrid motor vehicles.

Increase in Federal Minimum Wage Will Not Reduce 45B Credit

IR-2007-155, Sept. 5, 2007 — A recent change to tax law affects the portion of employer Social Security paid with respect to employee cash tips known as the 45B Credit.

No Change in the Interest Rates for the Fourth Quarter, 2007

IR-2007-154, Sept. 4, 2007 — There is no change in the interest rates for the calendar quarter beginning Oct. 1, 2007.

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