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News Releases for July 2003

8.5 Million Who Filed for Extensions Approach Aug. 15 Tax Deadline
IR-2003-96 — IRS reminds taxpayers who filed for extensions that their income tax returns are due on Aug. 15.

Offshore Compliance Program Shows Strong Results
IR-2003-95 — The Offshore Voluntary Compliance Initiative (OVCI) continues to provide results with more than $75 million in taxes collected so far.

IRS Delays Key Technology Program Until 2004 Filing Season
IR-2003-94 — The IRS will delay the first phase of the program to modernize its computer system taxpayer master files.

Matthews Selected As New Deputy Commissioner for Services and Enforcement
IR-2003-93 — Former Criminal Investigation Chief returns to supervise the four major IRS business units and two other offices.

New Issues Selected for the IRS Industry Issue Resolution Program
IR-2003-92 — IRS will issue guidance on 5 items chosen from those identified by businesses as being frequently disputed or burdensome.

Advance Child Tax Credit Payments Begin July 25, 2003
IR-2003-91 — Qualifying taxpayers just have to wait for their checks to arrive.

EFTPS-OnLine Gets Major Upgrade
IR-2003-90 — Greater convenience and expanded research capabilities are among the benefits of a half-dozen new features.

Retirement Plans Need Not File Fringe Benefit Information
IR-2003-89 — Employers and retirement plan professionals no longer have to file information about fringe benefit plans. The IRS suspended the requirement for an annual Form 5500 and Schedule F last year for pure fringe benefit plans.

IRS Guidance on Fiber Optic Cable for Cable TV Distribution System
IR-2003-88 — Technical tax guidance for the cable TV industry.

Web Site for Political Organizations Improves Filing and Disclosure
IR-2003-87 — Improvements give public easier access to files and better electronic filing for political organizations.

National Taxpayer Advocate Issues Annual Fiscal Year Objectives Report to Congress
IR-2003-86 — A review of accomplishments during the current fiscal year and a description of the focus and goals for the coming fiscal year.

IRS Names Beverly Babers as New Chief Human Capital Officer
IR-2003-85 — The IRS has chosen Beverly Babers to be the new Chief Human Capital Officer to direct human relations management and policy.

Resolves issues relating to an examination of Ernst & Young’s compliance with the registration and list maintenance requirements regarding the firm’s marketing of tax shelters. The agreement requires Ernst & Young to make a non-deductible payment of $15 million.

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.

Page Last Reviewed or Updated: 18-Aug-2012