News Releases for May 2012

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Spring 2012 Statistics of Income Bulletin Now Available

IR-2012-58, May 25, 2012 — The IRS Statistics of Income spring bulletin describes the tax aspects of high-dollar returns filed for tax year 2009. The bulletin also contains six other articles on tax-related subjects.

IRS Names Seven New Members to ACT Panel; ACT to Submit Recommendations at June Meeting

IR-2012-57, May 24, 2012 — The Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting on June 6, when the panel will submit its latest round of recommendations.

Interest Rates Remain the Same for the Third Quarter of 2012

IR-2012-55, May 22, 2012 — Interest rates for the 3rd quarter of 2012 remain the same as in the prior quarter.

IRS Announces 43 Small Offices to Close, Others to be Consolidated; Agency Sheds More than One Million Square Feet of Office Space

IR-2012-54, May 22, 2012 — By cutting more than 1 million square feet of office space, the IRS will save taxpayers millions of dollars.

IRS Announces More Flexible Offer-in-Compromise Terms to Help a Greater Number of Struggling Taxpayers Make a Fresh Start

IR-2012-53, May 21, 2012 — IRS announces taxpayer-friendly changes to its Offer in Compromise program as part of the agency's "Fresh Start" initiative.

Treasury and IRS to Hold Consultation Call with Tribal Leaders

IR-2012-52, May 14, 2012 — The Treasury Department and the IRS will jointly conduct a consultation and listening session on the General Welfare Exclusion to Benefits Provided under Indian Tribal Government Programs.

IRS Seeks Applications for the Internal Revenue Service Advisory Council 2012

IR-2012-51, May 4, 2012 — Applications are being accepted for the Internal Revenue Service Advisory Council, which provides a public forum for IRS officials and representatives of the public to discuss relevant federal tax administration issues.

IRS Accepting Applications for Low Income Taxpayer Clinic Grants 2012

IR-2012-50, May 2, 2012 — The Internal Revenue Service today announced the opening of the 2013 Low Income Taxpayer Clinic (LITC) grant application process.

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