The Internal Revenue Service announced on July 5th a redesigned Form 8857, Request for Innocent Spouse Relief, that will help reduce follow-up questions and reduce the burden on taxpayers.

IRS Launches Four New “Life Cycles” on IRS.gov to Help Tax-Exempt Organizations Comply with the Law

IRS Expands Project to Ensure Eligible Public School Employees Are Allowed to Participate in Retirement Annuities

The Internal Revenue Service announced on June 20 that there will be no change in the interest rates for the calendar quarter beginning July 1, 2007.

The Internal Revenue Service recommends that employers, payers and their agents begin using a new, improved version of the agent appointment form immediately, to avoid delays in having the IRS approve the agent appointments.

Internal Revenue Service Chief Counsel Donald L. Korb has announced the following Senior Executive Service moves:

The Internal Revenue Service announced on June 18 the release of the spring 2007 issue of the Statistics of Income Bulletin. Highlights include articles on high-income individual income tax returns, taxpayers reporting noncash contributions, farm proprietorship returns, qualified zone academy bonds, international boycott reports and S corporations.

As the Nationwide Tax Forums begin, tax professionals are being reminded to make reservations now for one of six forums being held throughout the country.

The Internal Revenue Service released on June 14 for comment and discussion a draft Form 990, the annual return required to be filed by tax-exempt organizations to report information about their operations.

Taxpayers have an additional two days this year, until July 2, 2007, to file the Report of Foreign Bank and Financial Accounts (FBAR), Form TD F 90-22.1, the Internal Revenue Service announced on June 13.

The Internal Revenue Service and Treasury Department released on June 11 Notice 2007-54, providing guidance and transitional relief for the return preparer penalty provisions amended by the Small Business and Work Opportunity Act of 2007.

Tax Preparers Indicted in Four States, One Enters Guilty Plea