| Files of Interest to Tax Professionals |
Date |
 |
| SSA/IRS Reporter: Summer 1997(PDF, 96K) |
5/8/1997 |
| SSA/IRS Reporter (Summer 1997) - A newsletter for employers, produced jointly by the Social Security Administration and the Internal Revenue Service. Issued quarterly, it provides employers with the latest changes in SSA and IRS requirements, as well as helpful new services and SSA and employment tax information. |
| SSA/IRS Reporter: Spring 1997(PDF, 96K) |
2/11/1997 |
| SSA/IRS Reporter (Spring 1997) - A newsletter for employers, produced jointly by the Social Security Administration and the Internal Revenue Service. Issued quarterly, it provides employers with the latest changes in SSA and IRS requirements, as well as helpful new services and SSA and employment tax information. |
| Announcement 97-124(PDF, 2K) |
12/10/1997 |
| Extension of Federal Tax Deposits Due Dates for Extra Federal Holiday. |
| Announcement 97-122(PDF, 9K) |
12/2/1997 |
| Announcement 97-122 is scheduled for Publication on December 15/97, in issue 1997-50 of the Internal Revenue Bulletin. Announcement 97-122 sets forth interim guidance with respect to a prototype program to be established by the Internal Revenue Service with respect to prototype Roth IRAs within the meaning of Sec. 408A of the Internal Revenue Code as added by Sec. 302 of the Taxpayer Relief Act of 1997, Pub.L. No. 105-34. Separately a model prototype form, Form 5305-Roth will be released by the Service in a few days. |
| Announcement 97-121(PDF, 4K) |
11/28/1997 |
| This announcement contains a list of administrative programs available to employers that sponsor tax-qualified retirement programs and tax-sheltered annuity programs (collectively, "the plan") in order that the participating employees do not incur any adverse tax consequences. Announcement 97-121 is scheduled for Publication in issue 1997-50 of the Internal Revenue Bulletin on December 15/97. |
| Announcement 97-120(PDF, 4K) |
11/28/1997 |
| This announcement reassures nursery growers about the application of the farming exception in 263A(d) of the Internal Revenue Code. It will appear in the Internal Revenue Bulletin 1997-50 dated 12/15/97. |
| Announcement 97-114(PDF, 4K) |
11/28/1997 |
| The attached announcement which will appear in the Internal Revenue Bulletin 97-47 (November 24/97), invites comments from the public on proposals to modify the filing requirements for Form 990 and Form 990-EZ. The announcement requests that comments be submitted by February 23/97. For further information about Announcement 97-114, contact David Flavin of the Exempt Organizations Division projects Branch 1 at 202-622-7922. |
| Announcement 97-111(PDF, 25K) |
11/6/1997 |
| This announcement describes the test of a Bankruptcy Appeals Process, designed to settle certain tax-related disputes without litigation. |
| Notice 97-77(PDF, 6K) |
12/17/1997 |
| This notice provides guidance to partnerships having more than 100 partners regarding the requirement to file partnership returns on magnetic media under 6011(e) of the Code, as recently amended by the Taxpayer Relief Act of 1997. This notice will appear in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Notice 97-75(PDF, 28K) |
12/9/1997 |
| Notice 97-75 is scheduled for Publication on December 22, 1997, in issue 1997-51 of the Internal Revenue Bulletin. Notice 97-75 provides guidance on amendments to the minimum distribution requirements of 401(a) (9) of the Internal Revenue Code made by 1404 of the Small Business Job Protection Act of 1996. |
| Notice 97-73(PDF, 16K) |
12/4/1997 |
| This notice describes the information reporting requirements for 1998 under new section 6050S of the Internal Revenue Code, enacted as part of the Taxpayer Relief Act of 1997, that apply to certain educational institutions in connection with the Hope Scholarship Credit and Lifetime Learning Credit. |
| Notice 97-72(PDF, 9K) |
11/26/1997 |
| This notice informs taxpayers of certain conditions under which changes in rental payment terms resulting from a refinancing of indebtedness incurred by a less or to acquire property that is the subject of a rental agreement will not be a substantial modification of the rental agreement for purposes of 467 of the Internal Revenue Code. |
| Notice 97-70(PDF, 7K) |
11/24/1997 |
| This notice modifies Notice 97-9/97-2 I.R.B. 35, to incorporate the amendment made by the Tax Reform Act to section 23 (a) (2) of the Internal Revenue Code, regarding the year (s) in which the credit for certain qualified adoption expenses is allowed. The notice will appear in Internal Revenue Bulletin 1997-49, dated December 8/97. |
| Notice 97-68(PDF, 10K) |
11/14/1997 |
| This notice informs taxpayers that the rules in proposed regulations 1.664-2(a) (1) (i) and 1.664 -3 (a) (1) (i) (e) published on 04/18/97, will not be effective for certain charitable remainder trust for the 1997 taxable year. This notice will be published in Internal Revenue Bulletin 1997-48, on December 1/97. |
| Notice 97-67(PDF, 10K) |
11/14/1997 |
| The notice informs taxpayers that the Service will issue guidance that provides the procedures for taxpayer to automatically change its method of accounting to comply with section 1004 of the Taxpayer Relief Act of 1997. |
| Notice 97-66(PDF, 21K) |
11/12/1997 |
| Notice 97-66 provides guidance for withholding on substitute payments under T.D. 8735. |
| Notice 97-65(PDF, 14K) |
12/4/1997 |
| This notice sets forth due diligence requirements that paid preparers of federal income tax returns or claims for refund that involve the Earned Income Tax Credit must meet for 1997 returns and claims for refund to avoid imposition of the penalty under new Sec.6695(g) of the Code, enacted by the Taxpayer Relief Act of 1997. The notice also invites comments regarding possible alternatives for meeting the due diligence requirements in the future. The notice will appear in IRB 1997-51 dated December 22/97. |
| Notice 97-64(PDF, 22K) |
11/10/1997 |
| This notice describes temporary regulations to be published in the near future. The temporary regulations will permit Regulated Investment Companies and Real Estate Investment Trusts to designate different classes of capital gains dividends. |
| Notice 97-63(PDF, 22K) |
11/7/1997 |
| This notice invites public comment concerning alternatives for proposed regulations that are being considered in light of the opinion of the Supreme Court of the United States in Commissioner v. Estate of Hubert, 520 U.S. ____ (1997), 1977-32 IRB 8. |
| Notice 97-62(PDF, 15K) |
11/24/1997 |
| This notice provides immediate additional federal tax relief under section 6081, 6161, and 7508A of the Internal Revenue Code for taxpayers located in Grand Forks County, North Dakota, and Polk County, Minnesota, which were declared major disaster areas by the President on 04/7 and 8/97. This notice specifically provides up to a 90-day extension of time to perform any act described in section 7508 (a) (1), and generally provides an extension through January 13/98 for filing and paying of federal income tax. The notice will appear in Internal Revenue Bulletin 1997-49, dated December 8/97. |
| Notice 97-60(PDF, 68K) |
12/8/1997 |
| This notice sets forth due diligence requirements that paid preparers of federal income tax returns or claims for refund that involve the Earned Income Tax Credit must meet for 1997 returns and claims for refund to avoid imposition of the penalty under new Sec.6695(g) of the Code, enacted by the Taxpayer Relief Act of 1997. The notice also invites comments regarding possible alternatives for meeting the due diligence requirements in the future. The notice will appearing IRB 1997-51 dated December 22/97. |
| Notice 97-1(PDF, 3K) |
11/5/1997 |
| IRS mailing Acceptance Letters to Electronic Filers. |
| Publication 3017(PDF, 287K) |
12/11/1997 |
| IRS e-file Promotional Kit - Newspaper Ads |
| Publication 3016(PDF, 111K) |
12/11/1997 |
| IRS e-file Promotional Kit - Radio Scripts PSAs Both the 30 and 60 second scripts. |
| Publication 3013(PDF, 61K) |
12/11/1997 |
| IRS e-file Promotional Kit - IRS Public Service Campaign-Magazine Ad |
| Publication 3012(PDF, 64K) |
12/11/1997 |
| IRS e-file Promotional Kit - Local Live Read (Radio Script for Providers to Place) |
| Publication 3011(PDF, 130K) |
12/11/1997 |
| IRS e-file Promotional Kit - Direct Mail Post Card |
| Publication 3007(PDF, 125K) |
12/11/1997 |
| IRS e-file Promotional Kit provides answers to the most frequently asked questions about e-file. |
| Publication 1973(PDF, 17K) |
2/18/1997 |
| Electronic Tax Administration (Stuffer) |
| Publication 1972(PDF, 27K) |
12/11/1997 |
| Electronic Tax Administration |
| Publication 1844(PDF, 285K) |
4/1/1997 |
| The 1997 Advance Earned Income Tax Credit (AEITC) Brochure |
| Publication 1679(PDF, 60K) |
12/9/1997 |
| A Guide To Backup Withholding (missing incorrect name/TINs) |
| Publication 1586(PDF, 42K) |
12/9/1997 |
| Reasonable Cause Regulations and Requirements for Missing and Incorrect Name/TINs |
| Publication 1235(PDF, 432K) |
4/1/1997 |
| Advance Earned Income Tax Credit |
| Publication 1235(PDF, 263K) |
4/10/1997 |
| Advance Earned Income Tax Credit - Spanish Version |
| Revenue Procedure 97-61(PDF, 59K) |
12/18/1997 |
| This revenue procedure informs those who participate in the Form 1040 On-Line Filing Program of their obligations to the Internal Revenue Service taxpayers, and other participants. The following returns can be filed under the Form 1040 On-Line Filing Program: (1) 1997 Form 1040 and 1997 Form 1040A, U.S. Individual Income Tax Return; and (2) 1997 From 1040EZ, Income Tax Return for Single and Joint Filers With No Dependents. The revenue procedure will appear in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Revenue Procedure 97-60(PDF, 76K) |
12/18/1997 |
| This revenue procedure informs those who participate in the Form 1040 Electronic Filing (ELF) Program of their obligations to the Internal Revenue Service, taxpayers, and other participant s. The following returns can be filed under the Form 1040 ELF Program: (1) 1997 Form 1040 and 1997 Form 1040 and 1997 Form 1040A, U.S. Individual Income Tax Return; and (2) 1997 Form 1040EZ, Income Tax Return for Single and Joint Filers With No Dependents. The revenue procedure will appear in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Revenue Procedure 97-57(PDF, 21K) |
12/15/1997 |
| This revenue procedure sets forth the inflation adjusted items for 1988. This revenue procedure will appear in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Revenue Procedure 97-53(PDF, 5K) |
11/10/1997 |
| The revenue procedure modifies the "No Rule" revenue procedure, Rev. Proc. 97-3/97-1 I.R.B. 85, by deleting section 5.17. The provision concerns certain transactions under Sec 355(a) (1) of the Code. |
| Revenue Ruling 97-57(PDF, 9K) |
12/17/1997 |
| Revenue Ruling 97-57 provides the 1998 inflation adjusted amount that a taxpayer may lend, without imputation of more interest, to a qualified continuing care facility at a below-market rate of interest under section 7872(g). This revenue ruling will be published in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Revenue Ruling 97-56(PDF, 11K) |
12/17/1997 |
| Revenue Ruling 97-56 provides the 1998 inflation adjusted amounts under section 1274A. This revenue ruling will be published in Internal Revenue Bulletin 1997-52 dated December 29/97. |
| Revenue Ruling 97-49(PDF, 9K) |
11/20/1997 |
| Revenue Ruling 97-49 contains the applicable federal rates for December 1997. It will be published in Internal Revenue Bulletin 1997-50, dated December 8/97. |
| Revenue Ruling 97-48(PDF, 9K) |
11/18/1997 |
| This revenue ruling revokes Rev. Rule 75-7 and holds that the activities of a contract manufacturer cannot be attributed to a CFC for certain purposes. This Rev. Rule will appear in Internal Revenue Bulletin 1997-49, dated December 12/97. |
