IRS News Release  

2000 IRS News Releases

News Releases are issued by the IRS whenever there is information of importance that needs to be released to the public or practitioner community. All 2000 releases are included here.

The numbering system identifies the year and the number of the News Release. Fact Sheets are identified with filenames beginning "FS-2000" followed by the number of the fact sheet.

IR-2000-90 Dec. 22, 2000
Customer Satisfaction High Among Electronic Filers
For the second year in a row, a government-wide survey found that taxpayers who electronically file their federal income tax returns give high marks to the Internal Revenue Service´s electronic filing program.
IR-2000-89 Dec. 19, 2000
Daily IRS Tax Tips Available for 2001 Filing Season
The Internal Revenue Service will offer a new, daily series of Tax Tips for the 2001 filing season beginning January 2.
IR-2000-88 Dec. 18, 2000
IRS Awards 102 Tax Clinics $6 Million to Help Low-Income Taxpayers
As a part of the effort to provide top quality service to America´s taxpayers, the IRS has awarded $6 million for legal assistance this year to low-income taxpayer clinics.
IR-2000-87 Dec. 6, 2000
IRS Initiates Pilot Program to Foster Earlier Resolution of Industry Issues Common to Large Business Taxpayers
The Internal Revenue Service and Treasury Department announced Wednesday a new pilot program called Industry Issue Resolution, or IIR.
IR-2000-86 Dec. 6, 2000
Jardini Named Criminal Investigation Division Counsel
The Internal Revenue Service today announced the appointment of Nancy J. Jardini to the position of Division Counsel/Associate Chief Counsel (Criminal Tax).
IR-2000-85 Nov. 28, 2000
$200 Million Released for Systems Modernization; IRS Strategy Moves Forward
Congressional leaders have approved releasing $200 million for the next step of the Internal Revenue Service´s sweeping Business Systems Modernization program.
IR-2000-84 Nov. 28, 2000
IRS Announces Quarterly Interest Rates
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning January 1, 2001, will remain at nine (9) percent for overpayments (eight (8) percent in the case of a corporation), nine (9) percent for underpayments, and eleven (11) percent for large corporate underpayments. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 will remain at six and one-half (6.5) percent.
IR-2000-83 Nov. 27, 2000
IRS Simplifies Tax Deposit Rules for Small Business
In a step to simplify a major area of tax administration, the Internal Revenue Service will end monthly tax deposit requirements for about 1 million small businesses. Beginning Jan. 1, 2001, many small businesses will be allowed to make employment tax payments on a quarterly basis, not monthly. “We have lowered a major hurdle for small businesses by eliminating a complex filing requirement,” IRS Commissioner Charles O. Rossotti said Monday. “The new standard will reduce the paperwork and red tape that small businesses face.”
IR-2000-82 Nov. 20, 2000
Pension Plan Limitations for Tax Year 2001
The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2001. However, these limitations may be affected by pending legislation awaiting action by Congress. If this legislation is enacted before the end of the year, some of the cost-of-living adjustments described below may be modified, and the IRS will announce any modifications as soon as possible.
IR-2000-81 Nov. 16, 2000
IRS Announces 2001 Standard Mileage Rates
The Internal Revenue Service announced Thursday the optional standard mileage rates to use for 2001 in computing the deductible costs of operating an automobile for business, charitable, medical or moving expense purposes.
IR-2000-80 Nov. 14, 2000
New Form 8872 Available for On-Line Filing; First Web-Based Filing from IRS
The Internal Revenue Service announced Tuesday the creation of an electronic version of Form 8872 that can be filed on-line by section 527 political organizations. This new version of Form 8872, “Political Organization Report of Contributions and Expenditures,” will be available Wednesday www.irs.gov/polorgs.
IR-2000-79 Nov. 13, 2000
U.S. - U.K. Develop New Adminstrative Arrangements for Mutual Agreement Procedure
The Internal Revenue Service and the U.K. Inland Revenue have agreed to new Administrative Arrangements that outline guiding principles to follow when using the Mutual Agreement Procedure (the MAP) found in Article 25 of the U.S.-U.K. Income Tax Convention. The Arrangements were developed to make sure the MAP works as quickly and effectively as possible, and that taxpayers are kept informed about the way their cases are being handled.
IR-2000-78 Nov. 13, 2000
Undelivered Tax Refunds Top $67 Million; IRS Looks for Owners
The Internal Revenue Service issued a nationwide alert Monday for more than 90,000 taxpayers who still haven´t received tax refund checks worth $67.4 million.
IR-2000-77 Nov. 9, 2000
IRS Selects Senior Industry Advisor for Natural Resources Industry
The Internal Revenue Service announced today the appointment of Douglas (Doug) Berg as Senior Industry Advisor to the Natural Resources industry segment of the Large and Mid-Size Business (LMSB) division.
IR-2000-76 Nov. 9, 2000
New Senior Advisor Selected for Financial Services and Healthcare Industry
The Internal Revenue Service today announced the appointment of Paul Claytor as Senior Industry Advisor to the Financial Services and Healthcare Industry segment of the Large and Mid-Size Business Division (LMSB).
IR-2000-75 Nov. 1, 2000
IRS & George Washington University to Sponsor Institute on International Tax Issues
The Internal Revenue Service and George Washington University are jointly sponsoring the Thirteenth Annual Institute on Current Issues in International Taxation, to be held on December 7 and 8, 2000, at the J.W. Marriott Hotel in Washington, DC. Registration is currently underway for the Institute, which is intended for professionals in international tax law.
IR-2000-74 Oct. 26, 2000
IRS Signs Qualified Intermediary Agreements
In a major step to implementing new regulations that completely revise the withholding and reporting of cross-border payments of U.S. source income, the Internal Revenue Service has announced that it has begun signing qualified intermediary agreements for hundreds of financial institutions. These agreements, which are the cornerstone of the new regulations, simplify tax withholding and information reporting procedures for foreign financial institutions. Possibly thousands of financial institutions could apply to become qualified intermediaries by year´s end.
IR-2000-73 Oct. 20, 2000
New Members Selected for IRS Electronic Tax Administration Advisory Committee
ETAAC is currently comprised of five members, whose two-year terms end in December 2001. The addition of these eight new members will ensure continuity when the terms of the current members end.
IR-2000-72 Oct. 19, 2000
IRS Issues Summer 2000 Statistics of Income Bulletin
The Internal Revenue Service today announced the release of the Summer 2000 issue of the Statistics of Income Bulletin. It details statistical information on corporations, sole proprietorships, estates and the Empowerment Zone tax incentive.
IR-2000-71 Oct. 12, 2000
IRS Issues Guidance Regarding 527 Political Organization Reporting Requirements
The Internal Revenue Service announced Thursday the issuance of a revenue ruling providing guidance concerning the new reporting and disclosure requirements for political organizations under section 527 of the Internal Revenue Code.
IR-2000-70 Oct. 10, 2000
Appeals Finalizes ex Parte Rules
The Internal Revenue Service finalized rules to implement provisions of the Internal Revenue Service Restructuring and Reform Act of 1998 (RRA 98) that protect the independence of the Appeals organization by issuing Revenue Procedure 2000-43.
IR-2000-69 Oct. 6, 2000
IRS Urges African-Americans to Beware of Tax Refund Scams
The Internal Revenue Service today cautioned African-Americans not to be misled by anyone offering to help them file for tax credits or refunds related to reparations for slavery. There is no such provision in the tax law. Those who pay to have reparations-related tax claims prepared are being deceived. IRS centers nationwide have received a growing number of such slavery reparations claims this year, repeating similar experiences in 1994 and 1996. ˜We regret that people may be circulating misleading information in the African-American community,˜ said IRS Commissioner Charles O. Rossotti. ˜It˜s despicable that some are stealing from innocent people by charging fees to prepare what they know to be baseless claims.˜
IR-2000-68 Oct. 5, 2000
IRS Advises Spouses to Check Name & Number Used on Tax Returns
The Internal Revenue Service is sending letters to 2.4 million taxpayers who filed a joint 1999 return on which the name and identification number for the second spouse listed did not match IRS records. The IRS advises these taxpayers to compare the name and number used on the return with the information on the identification card issued by the Social Security Administration (SSA) or the IRS. The mailout began last month and will continue until mid-November.
IR-2000-67 Sept. 27, 2000
New IRS Begins Work; Reorganized Agency Reaches Milestone to Improve Service
The Internal Revenue Service moves a step closer to modernizing the nationís tax agency and improving taxpayer service with the Oct. 1 start of its new organizational structure.
IR-2000-66 Sept. 22, 2000
IRS Provides Guidance on Mutual Fund Expenses
The Internal Revenue Service has provided guidance to mutual fund distributors on ways they can account for commissions paid on the sales of mutual fund B shares. Revenue Procedure 2000-38, effective October 2, describes three accounting methods that mutual fund distributors may use to account for commissions paid on the sales of mutual fund B shares.
IR-2000-65 Sept. 18, 2000
New toll-Free Number for IRS Appeals Help Line
The Internal Revenue Service now has a toll-free help line for questions related to the Appeals process. The number is 1-877-457-5055.
IR-2000-64 Sept. 12, 2000
IRS Makes New Forms Filed by 527 Political Groups Available, Provides Details about Contributions, Expenditures
The Internal Revenue Service announced Tuesday the public release of the forms providing the first look at contributions and expenditures made by section 527 political organizations.
IR-2000-63 Sept. 7, 2000
IRS Announces Quarterly Interest Rates
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning October 1, 2000, will remain at nine (9) percent for overpayments (eight (8) percent in the case of a corporation), nine (9) percent for underpayments, and eleven (11) percent for large corporate underpayments. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 will remain at six and one-half (6.5) percent.
IR-2000-62 Sept. 6, 2000
Taxpayer Rights Area Created for IRS Web Page
The Internal Revenue Service has created a special new web section for taxpayers seeking information about their rights when dealing with the nationís tax agency.
IR-2000-61 Sept. 1, 2000
IRS Service Centers to Be Reorganized
Some taxpayers will start sending their returns to a different address beginning with the 2001 filing season as the Internal Revenue Service reorganizes its service center operations to focus on specific customer segments.
IR-2000-60 Aug. 28, 2000
IRS Gives Taxpayers a Choice on Federal Per Diem Rate Changes
The Internal Revenue Service is giving business travelers a choice on using new federal per diem rates for meals and lodging in the continental United States. They may continue to use the rates in effect since January until the end of 2000, or they may use the new rates that will become effective for government travelers on Oct. 1.
IR-2000-59 Aug. 18, 2000
IRS Accepting Grant Applications or Low-Income Taxpayer Clinics
Organizations providing low-cost legal assistance to people involved in tax disputes can apply for grants worth up to $100,000 for the 2001 grant cycle, the Internal Revenue Service announced Friday. Grants are also available for programs that assist taxpayers for whom English is a second language.
IR-2000-58 Aug. 17, 2000
National Taxpayer Advocate Val Oveson Plans to Leave IRS, Return to Private Sector
Following the successful start-up of the new Taxpayer Advocate Service, W. Val Oveson plans to step down as National Taxpayer Advocate this fall and continue his career in the private sector.
IR-2000-57 Aug. 15, 2000
Redesigned Appeals Division Begins Work at IRS
As part of the Internal Revenue Service reorganization, the redesigned Appeals Division began work this week. The new Appeals will strive for enhanced customer service through faster case resolution and a variety of initiatives designed to accommodate taxpayer needs.
IR-2000-56 Aug. 11, 2000
Mexican & U.S. Tax Authorities Extend Tax Regime Applicable to Maquiladoras Beyond 2002
Mexican and U.S tax authorities have concluded negotiations on an Addendum to the United States - Mexico Competent Authority Agreement on the Maquiladora Industry, signed on October 27th, 1999. With this Addendum, both authorities agree to extend the Agreement beyond taxable year 2002.
IR-2000-55 Aug. 9, 2000
IRS Starts Comprehensive Case Resolution Pilot to Help Large Businesses
Under a new pilot program announced today, large business taxpayers may request resolution of cases they have open in the Large and Mid-Sized Business Division (LMSB), in Appeals and in docketed status through a new team process offered by the Internal Revenue Service.
IR-2000-54 Aug. 9, 2000
IRS Issues Proposed Ruling on 527 Political Organizations
The Internal Revenue Service announced Wednesday it is issuing and seeking comments on a proposed revenue ruling concerning the new reporting and disclosure requirements for 527 political organizations. The IRS recognizes that there are many issues for which 527 organizations need guidance. As a result, organizations may rely on this proposed revenue ruling until it is finalized. The IRS plans to issue a final revenue ruling soon after the close of the comment period.
IR-2000-53 Aug. 4, 2000
IRS Makes Information from 527 Groups Available on Internet
The Internal Revenue Service on Friday announced the first public release of the new forms filed by section 527 political organizations. The IRS has started posting the new Form 8871 submitted by 527 organizations across the nation. As of Friday, the IRS has received more than 4,900 paper forms. These notices of organization can be reached through the IRS web site at www.irs.gov/bus_info/eo/8871.html.
IR-2000-52 July 31, 2000
New Agency-Wide Shared Services Begins at IRS
As part of the Internal Revenue Service reorganization, the new Agency-Wide Shared Services (AWSS) began work Monday to provide nationwide support for the tax agency.
IR-2000-51 July 18, 2000
IRS Reaches Out to Tax & Business Communities with Creation of Communications & Liaison Division
Tax professionals, taxpayer assistance groups, business and trade associations and government groups that deal with the Internal Revenue Service will find an organization with new resources specifically dedicated to building partnerships.
IR-2000-50 July 17, 2000
IRS Unveils form 8872 for Section 527 Political Groups; New form Requires Listing of Contributions, Expenditures
The Internal Revenue Service on Monday announced the release of the new form that section 527 political organizations must use to provide details about contributions and expenditures. The agency also extended the filing deadline until July 31 for groups required to file this month.
IR-2000-49 July 2, 2000
IRS Releases New Form for Section 527 Political Groups, Outlines Plans for New Law
The Internal Revenue Service on Wednesday announced the release of the new form that section 527 political organizations must file and detailed plans for implementing other aspects of the new law governing these groups.
IR-2000-48 July 10, 2000
IRS Offers to Settle Employers - Targeted Jobs Tax Credit Claim
The Internal Revenue Service announced Monday an offer to employers to settle long-standing refund claims involving Targeted Jobs Tax Credits (TJTC).
IR-2000-47 July 5, 2000
Charities May Not Engage in Political Campaign Activities
Charities should be careful that their efforts to educate voters stay within the Internal Revenue Service guidelines for political campaign activities, the tax agency said Wednesday in an election-year advisory. Organizations described in section 501 (c) (3) of the Internal Revenue Code that are exempt from federal income tax are prohibited from participating or intervening in any political campaign on behalf of, or in opposition to, any candidate for public office. Charities, educational institutions and religious organizations, including churches, are among those that are tax exempt under this code section.
IR-2000-46 July 3, 2000
IRS Criminal Investigation Reorganizes
As part of the Internal Revenue Service reorganization, the agency has created a new, streamlined Criminal Investigation (CI) geared toward investigating tax and related financial crimes.
IR-2000-45 June 29, 2000
IRS to Implement Federal Payment Levy Program
Beginning in July 2000, certain individuals and businesses with unpaid tax bills from whom the IRS has been unable to collect may be subject to a continuous 15 percent levy on money due them from the federal government.
IR-2000-44 June 28, 2000
Michael Shaheen Picked for Senior IRS Post Focusing on Professional Conduct, Tax Shelter Issues
The Internal Revenue Service announced Wednesday that Michael E. Shaheen Jr., a long-time Justice Department official, has been selected to be Senior Counselor to IRS Commissioner Charles O. Rossotti. Shaheenís responsibilities will include oversight of the Office of Director of Practice, which regulates the professional conduct of tax professionals practicing before the IRS. A primary focus of Shaheenís work will be strengthening and revising Circular 230, which contains the guidelines for professional conduct.
IR-2000-43 June 27, 2000
IRS Issues Spring 2000 Statistics of Income Bulletin
According to preliminary statistics for Tax Year 1998 released today by the Internal Revenue Service, the adjusted gross income (AGI) reported on the nationís 124.7 million income tax returns for that year increased 8.4 percent over 1997 to a new record high of $5,369.3 billion. Capital gains of $424.3 billion showed the largest percentage increase, 22 percent, and were reported by nearly 21 million taxpayers. Statutory adjustments in computing AGI included the new deduction for student loan interest representing $0.7 billion on 3.8 million returns.
IR-2000-42 June 27, 2000
IRS Wants to Reduce the Time for Large Corporate Appeals
The Internal Revenue Service announced today a new initiative designed to increase customer satisfaction by reducing the time it takes to resolve cases in the IRS Appeals Office involving the nationís largest corporations. The Appeals Office is an alternative to the courts for settling tax disputes. Examinations of these large corporations are done in the Coordinated Examination Program (CEP). CEP cases are very complex and the time to resolve the cases is normally lengthy. The new initiative for CEP cases is referred to as the Mutually Accelerated Appeals Process (MAAP).
IR-2000-41 June 16, 2000
IRS Requests Comments on Additional Balanced Measures
The Internal Revenue Service is inviting comments from taxpayers and tax professionals on additional specific measures in the agencyís new Balanced Measurement System.
IR-2000-40 June 15, 2000
Bert Concklin Named Executive of Business Systems Modernization
The Internal Revenue Service today announced the selection of Bert Concklin as the Business Systems Modernization Executive. In this position, Concklin will lead the agency in revamping all IRS business practices and technology.
IR-2000-39 June 6, 2000
IRS Announces Quarterly Interest Rates
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning July 1, 2000, will remain at nine (9) percent for overpayments (eight (8) percent in the case of a corporation), nine (9) percent for underpayments, and eleven (11) percent for large corporate underpayments. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 will remain six and one-half (6.5) percent.
IR-2000-38 June 6, 2000
IRS Specializes to Help Retailers, Food & Pharmaceuticals Industries
A newly created section of the modernized Internal Revenue Service will address the unique needs of the retail, food and pharmaceuticals industries. The IRSís new Large and Mid-Size Business Division (LMSB) will have a special industry section devoted to Retailers, Food and Pharmaceuticals. This section, headquartered in Chicago, will serve 1,000 large businesses and 28,200 mid-sized businesses. This sector includes businesses dealing in food and beverages, retailing, pharmaceuticals, agricultural commodities and farms.
IR-2000-37 June 6, 2000
New IRS Section to Help Natural Resources Industry
As part of its comprehensive reorganization, the Internal Revenue Service has created a new section to work with corporations and partnerships in the natural resources industry.
IR-2000-36 June 6, 2000
New IRS Section to Serve Needs of Manufacturing, Construction & Transportation Industry Taxpayers
To better respond to the needs of a diverse customer base, a newly created section of the Internal Revenue Service will be devoted expressly to the needs of corporate taxpayers in the heavy manufacturing, construction and transportation industries.
IR-2000-35 June 6, 2000
IRS Specializes to Help Financial Services, Health Care Industry
As part of the Internal Revenue Service reorganization, the agency has created a new section to work with the financial services and health-care industries.
IR-2000-34 June 6, 2000
IRS Devotes Resources to Help the Communications, Technology & Media Sectors
In its continuing effort to be responsive to the needs of taxpayers, the Internal Revenue Service has created an industry section to address the special tax concerns of businesses in the information technology, media and entertainment sectors.
IR-2000-33 June 5, 2000
New IRS Division Begins Work to Break Down Barriers for Large & Mid-Size Businesses
In another milestone for reorganizing the Internal Revenue Service, the Large and Mid-Size Business Division began operations Monday with an emphasis on helping taxpayers avoid problems before they start and streamlining the tax dispute process to ease burdens on businesses.
IR-2000-32 June 2, 2000
IRS, ABA Join forces to Distribute Tax Education CD-ROMs to 78,000 Schools
At the start of the summer job season, the Internal Revenue Service and the American Bar Association unveiled a nationwide effort Friday to help educate teenagers entering the work force about the federal tax system.
IR-2000-31 May 23, 2000
IRS to Drop Paper 1040PC format in 2001
The Internal Revenue Service will not accept paper returns in the 1040PC format after the current processing year.
IR-2000-30 May 15, 2000
IRS Selects Mader, Rogers, Tomaso for New Leadership Team
An Internal Revenue Service built around the needs of taxpayers is taking shape, and IRS executives David Mader, Larry Rogers and Judith Tomaso will serve new leadership roles in the reorganized agency.
IR-2000-29 May 5, 2000
IRS Privacy Impact Assessment Endorsed as Government-Wide Best Practice
An Internal Revenue Service procedure for evaluating taxpayer and employee privacy issues in records systems has been endorsed as a government-wide ďbest practice.Ē†††
IR-2000-28 May 9, 2000
IRS Designates May 20 as National Problem Solving Day
In its continuing effort to help taxpayers, the Internal Revenue Service has designated May 20 as National Problem Solving Day. At 34 locations across the country, taxpayers will once again have the opportunity to meet one-on-one with IRS officials to resolve long-standing tax issues.
IR-2000-27 April 26, 2000
Electronic Transactions Set Records in Successful IRS Tax Season
The just-concluded tax filing season saw record numbers of electronic transactions -- returns, refunds, payments and contacts -- with the Internal Revenue Service.
IR-2000-26 April 26, 2000
IRS Expands, Simplifies Its Tip Income Compliance Agreements
The Internal Revenue Service announced today that it is simplifying its voluntary tip income compliance agreements and expanding them to all industries where tipping is customary.†
IR-2000-25 April 13, 2000
Filing Season Best in Years; E-Filing Sets Record, Processing Speeds Improve
Internal Revenue Service Commissioner Charles O. Rossotti proclaimed this yearís filing season as the best in years, highlighted by record numbers of people filing electronically and faster tax return processing. The IRS team delivered one of the smoothest, most efficient filing seasons in years, Rossotti said Thursday.†††
IR-2000-24 April 12, 2000
IRS Names Leadership Team for International Tax Matters & U.S. Competent Authority
The Internal Revenue Service announced Wednesday the selections of Carol A. Dunahoo and Elvin T. Hedgpeth to help lead the agencyís efforts on international tax issues.†††
IR-2000-23 April 12, 2000
IRS Provides Ease for Third Party to Resolve Client Issues
In another effort to reduce the burden on Americaís taxpayers, the Internal Revenue Service announced the Checkbox Initiative. Beginning with the 2001 Filing Season, paid preparers, with their clientsí permission, will be allowed to work directly with the IRS to resolve tax return processing issues.††††
IR-2000-22 April 6, 2000
IRS Offers Options When Tax Day Is "Pay" Day
If the tax filing deadline will be a "pay" day for you, the Internal Revenue Service offers several options to help you meet your obligation. It also has special programs for those who cannot pay what they owe.
IR-2000-21 March 30, 2000
IRS Computer Returns Set Record; IRS Offers Easy Filing Extensions
A little more than two weeks before the filing deadline, the Internal Revenue Service has already received a record number of computer-filed tax returns -- nearly 23.8 million, surpassing the 23.6 million for all of last year. People who need more time to complete their forms will find it easy to extend their filing deadline -- they donít even need an excuse.†††
IR-2000-20 March 29, 2000
IRS Issues Winter Statistics of Income Bulletin
The Internal Revenue Service reported today that the number of tax returns of all kinds to be filed this year will reach 231.4 million. This number is expected to increase to 250.9 million six years from now.
IR-2000-19 March 28, 2000
IRS Names New Head of Employee Plans Rulings & Agreements
Evelyn Petschek, Commissioner of the Internal Revenue Serviceís Tax Exempt and Government Entities (TE/GE) Division, announced Tuesday the selection of Paul T. Shultz as the Director of Employee Plans Rulings and Agreements.†††
IR-2000-18 March 23, 2000
Time Running Short to Get Tax forms
With the filing deadline a little more than three weeks away, people needing tax forms should act soon to request them, the Internal Revenue Service advised.
IR-2000-17 March 23, 2000
IRS Expands Low-Income Taxpayer Clinic Grants, Awards $4.4 Million to Programs in 32 States
In another step to expand legal assistance for taxpayers, the Internal Revenue Service has awarded more than $4.4 million in Low-Income Taxpayer Clinic grants to 70 groups across the nation.
IR-2000-16 March 17, 2000
E-Filing, Web Site Usage Running at Record Pace
The Internal Revenue Service is seeing a record surge of taxpayers filing electronically and using the IRS web site for help.
IR-2000-15 March 8, 2000
E-Filing Helps Taxpayers File Now, Pay Later
Growing numbers of people who owe taxes are discovering the file-now-pay-later advantages of electronic filing. Now, with the click of a mouse, taxpayers can file their tax return and defer payment until April 17, 2000.
IR-2000-14 March 7, 2000
IRS Announces Quarterly Interest Rates
The Internal Revenue Service today announced that interest rates for the calendar quarter beginning April 1, 2000, will rise to nine (9) percent for overpayments (eight (8) percent in the case of a corporation), nine (9) percent for underpayments, and eleven (11) percent for large corporate underpayments.
IR-2000-13 March 2, 2000
Millions Use Pins, Not Pens, to Sign their Tax Returns
More than 3.3 million taxpayers have used PINs (Personal Identification Numbers) -- instead of pens -- to sign their computer-filed tax returns this year.†
IR-2000-12 Feb. 24, 2000
Taxpayers Can E-File Federal & State Returns Together
While taxpayers filing paper returns have to be sure they donít mix up their federal and state tax forms, those who file electronically can let a computer do that work for them.††††
IR-2000-11 Feb. 22, 2000
IRS Names New Head of Exempt Organizations Rulings & Agreements
Evelyn Petschek, Commissioner of the Internal Revenue Serviceís Tax Exempt and Government Entities (TE/GE) Division, today announced the selection of Steven D. Arkin as the Director of Exempt Organizations Rulings and Agreements.†††
IR-2000-10 Feb. 17, 2000
Early Returns: E-Filing Growth Continues
The Internal Revenue Service says that the tax filing season has started in what is becoming a traditional fashion -- an increase in electronically filed returns.
IR-2000-09 Feb. 16, 2000
Taxpayers Must File Soon to Claim $2 Billion in 1996 Refunds
The Internal Revenue Service estimates that nearly 1.6 million people who paid taxes but failed to file returns for 1996 risk losing about $2 billion in refunds if they don't get their late returns to the IRS by April 15, 2000.
IR-2000-08 Feb. 14, 2000
IRS Fixes Third-Party Notices, Creates Clearer Letters for Taxpayers
The Internal Revenue Service on Tuesday unveiled clearer, specialized versions of the letter alerting people that third parties might be contacted as part of the collection or examination process.
IR-2000-07 Feb. 11, 2000
IRS Pilots Pre-Filing Agreement Program for Large Businesses
Under a new program announced today, large business taxpayers may request a pre-filing agreement with the Internal Revenue Service to resolve specific issues relating to tax returns they will file later this year.
IR-2000-06 Jan. 27, 2000
IRS Requests Comments on Balanced Measures
The Internal Revenue Service is inviting comments from taxpayers and tax professionals on specific measures in the agencyís new Balanced Measurement System. Developing and implementing a balanced set of performance measures is a key component of the IRSís modernization effort and its renewed commitment to customer service.††††
FS-2000-06 March 1, 2000
Examination of Tax-Exempt Organizations
The mission of the Tax Exempt and Government Entities Division (TE/GE) of the Internal Revenue Service is: To provide Tax Exempt and Government Entities customers top quality service by helping them understand and comply with applicable tax laws and to protect the public interest by applying the tax law with integrity and fairness to all.
IR-2000-05 Jan. 19, 2000
Strong Start for 15th Electronic Filing Season
The fifteenth year of electronic filing is off to a strong start, with the Internal Revenue Service receiving more than 739,000 e-filed tax returns this past weekend, a 27.7 percent increase over last yearís opening weekend.†
FS-2000-05 March 1, 2000
IRS Actions Taken Since the Joint Committee on Taxation Began Investigating Exempt Organizations Program
As part of the overall IRS modernization, the Tax Exempt and Government Entities division (TE/GE) became operational in December 1999.
IR-2000-04 Jan. 13, 2000
Prepared Remarks of Commissioner of Internal Revenue Charles O. Rossotti American Tax Policy Institute IRS Modernization Conference January 13, 2000
I want to welcome all of you to the IRS modernization conference that takes place, appropriately enough, at the beginning of a new millennium. I also want to thank the American Tax Policy Institute. . .
IR-2000-03 Jan. 5, 2000
IRS Reduces Burden on E-Commerce, Seeks Comments
The Internal Revenue Service today eased the tax reporting burden for barter exchanges and invited comments on future regulations dealing with barter transactions and, more generally, electronic commerce transactions.
FS-2000-03 Jan. 1, 2000
Filing & Paying Taxes Electronically
The Internal Revenue Service is expanding the options for filing and paying federal taxes electronically during the 2000 filing season. Many electronic filers can enjoy a totally paperless experience, and even pay any balance due with a credit card or a direct debit from their checking or savings account.
IR-2000-02 Jan. 5, 2000
IRS Issues Fall Statistics of Income Bulletin
Adjusted gross income (AGI) reported on individual income tax returns for 1997 fell just short of $5.0 trillion, a 10-percent increase over 1996, according to preliminary data released by the Internal Revenue Service today. Average AGI for 1997 was $40,597, compared to $37,690 for 1996.
FS-2000-02 Jan. 1, 2000
Tax Time 2000 Tax Packages/Postcards
The Internal Revenue Service will send about 59 million income tax packages or postcards this year. The mailout costs about $9 million for printing and $10.9 million for postage, for an average cost of just under 34 cents per item mailed.
IR-2000-01 Jan. 4, 2000
Tax Forms Have Familiar Look
Many taxpayers searching for something familiar in the New Year will find it in their mailboxes this week: the tax packages from the Internal Revenue Service contain forms that look very much like last yearís.
FS-2000-01 Jan. 1, 2000
Free Tax Assistance
Fast and reliable assistance for the 2000 tax filing season is as close as your personal computer, your telephone or your fax machine.

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