News Releases for November 2007

IR-2007-195, Nov. 30, 2007 — The IRS released the fall 2007 issue of the Statistics of Income Bulletin, featuring data from 134.4 million individual income tax returns filed for tax year 2005.

IR-2007-194, Nov. 28, 2007— December’s Tax Talk Today program, “Getting Ready for the Filing Season 2008: Part 1 (Individuals)”, on Tuesday, Dec. 11, 2007 at 2 p.m. will give tax professionals a head start and get preparers off on the right foot.

IR-2007-193, Nov. 28, 2007 – The IRS today announced that interest rates for the calendar quarter beginning January 1, 2008, will drop by one percentage point.

IR-2007-192, Nov. 27, 2007 — The 2008 standard mileage rates used to calculate the deductible costs of operating a car for business, charitable, medical or moving purposes have been released.

IR-2007-191, Nov. 19, 2007 — The IRS announced today that American Honda Motor Company, Inc, has submitted quarterly reports indicating that its cumulative sales of qualified vehicles to retail dealers reached the 60,000-vehicle limit during the calendar quarter ending Sept. 30, 2007.

IR-2007-190, Nov. 19, 2007 — The Internal Revenue Service today reminded section 501(c)(3) organizations, including charities and churches that federal law prohibits them from becoming directly or indirectly involved in campaigns of political candidates.

IR-2007-189, Nov. 14, 2007 — Each check is worth $953, on average.

IR-2007-188, Nov. 13, 2007 — The IRS has acknowledged the certification by Nissan North America, Inc., that its 2008 Nissan Altima Hybrid vehicle meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle.

IR-2007-187, Nov. 9, 2007 — The saver's credit is an added bonus for many eligible workers who contribute to retirement plans. Like other tax credits, the saver’s credit can increase a taxpayer’s refund or reduce the amount of taxes owed.

IR-2007-186, Nov. 8, 2007 — The IRS acknowledged the certification by Toyota Motor Sales U.S.A., Inc., that several of its Model Year 2008 vehicles qualify for the hybrid vehicle tax credit. Only vehicles purchased prior to Oct. 1, 2007, qualify for a credit.

IR-2007-185, Nov. 7, 2007 — The IRS this year received nearly 80 million tax returns through e-file, breaking the record set last year.

IR-2007-184, Nov. 6, 2007 -- Officials from the IRS and more than two dozen state workforce agencies have entered into agreements to share the results of employment tax examinations.

IR-2007-183, Nov. 2, 2007 — Don't be fooled by a scam e-mail that appears to be a solication from the IRS for donations to victims of the recent California wildfires.

IR-2007-182, Nov. 2, 2007 — Five new publications will meet growing demand for non-English language tax information.

Find previous year news releases and fact sheets from 1997 through last month.