This summer, the IRS Oversight Board will attend the IRS’ Nationwide Tax Forums to meet with tax practitioners and listen to their views concerning the administration and management of the Internal Revenue Service. The Board once again has extended an…

A credit is allowed under §30B for qualifying advanced lean burn technology and hybrid motor vehicles. The credit is phased out once the manufacturer reaches the 60,000-vehicle sales limit. Because Volkswagen reached this limit during the quarter ending March 31,…

In recognition of National Small Business Week, the Internal Revenue Service encourages small businesses to take advantage of tax-saving opportunities included in recently enacted federal legislation.

The IRS has posted the revised Form 941 on its website. It is the form that most eligible employers can use to claim the special payroll tax exemption that applies to many new workers hired during 2010.

Form 941, Employer’s…

Notice 2010-44 provides a Federal income tax credit to certain small employers that make nonelective contributions towards their employees’ health insurance premiums under an arrangement that meets certain requirements. The Notice provides guidance on the credit, including guidance for determining…

A discussion of what you need to know about the proper use and completion of Form 2848 (Power of Attorney and Declaration of Representative) vs. Form 8821 (Tax Information Authorization) for the purpose of conducting EP examinations. Learn the rules…

If you missed the April 21 IRS phone forum on International Tax Issues, audio and text versions are now available on the IRS Video Portal . The presentation includes an overview of the reporting and withholding requirements on…