National Taxpayer Advocate Nina E. Olson announced on May 17th that the 2008 Low Income Taxpayer Clinic (LITC) grant application process is now open.

Fine print in the new Pension Protection Act passed last year is now coming to light. Much of what we heard is laced with new requirements, and many workers are going to get caught in a web of confusion if they relay on the basic new rules outlined by the press.

The recently completed 2007 tax filing season set a number of electronic records, highlighted by over 76 million electronically-filed individual tax returns and more than 140 million visits to IRS.gov, the Internal Revenue Service said on May 15th.

Churches, charities and other tax-exempt organizations that paid the federal excise tax on long-distance or bundled telephone service qualify for this year's one-time telephone excise tax refund, according to the Internal Revenue Service.

Applications for the 2007 allocation for clean coal projects are due to the Department of Energy (DOE) on or before June 30, 2007. Contrary to the expectation in an earlier information release (IR-2006-184), the Internal Revenue Service no longer expects to change the deadline to June 1.

The Internal Revenue Service announced that purchasers of qualified Nissan North America Inc. vehicles may continue to claim the Alternative Motor Vehicle Credit. The announcement comes after the IRS concluded its quarterly review of the number of hybrid vehicles sold.

Phase-Out of Credit for Toyota and Lexus Hybrids Continues With Reporting of First Quarter Sales

On May 1st, the Internal Revenue Service has issued for public comment draft versions of the revised Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, for tax year 2007 and related schedules, including Schedule M-3, new for 2007.

The US Internal Revenue Service is requesting membership nominations for the Internal Revenue Service Advisory Council (IRSAC). Applications will be accepted from May 1, 2007, through June 15, 2007.

Taxpayers affected by the major storm that hit the Northeastern United States April 16 now have until Thursday, April 26 to file their tax returns, the Internal Revenue Service said today.

The Internal Revenue Service today granted a six-month tax filing and payment extension to those affected by the shootings Monday at Virginia Tech, in Blacksburg, Va. This relief applies to the victims, their families, emergency responders and university students and employees.

The North Carolina Department of Revenue has extended the deadline for filing state tax returns this year, the agency announced today. The extended deadline conforms to a change made by the Internal Revenue Service, which moved its deadline for filing federal tax forms to April 17, 2007.