IR-89-159 |
Dec. 28, 1989 |
Adjustments for Inflation |
The IRS today announced the standard deduction, personal exemption and earned income credit amounts that have been adjusted for inflation. These amounts will affect 1990 tax returns filed in 1991. |
IR-89-158 |
Dec. 27, 1989 |
Withholding for Farmworkers |
Beginning in 1990 agricultural employers must begin to withhold income tax from cash wages paid to farmworkers, and the IRS has sent a notice to employers explaining how to comply with the new law. |
IR-89-157 |
Dec. 26, 1989 |
Ignore Any Lines Regarding the Supplemental Medicare Surtax |
The IRS gave an early tip to taxpayers about the repeal of the supplemental Medicare catastrophic premium, or surtax: when you file your 1989 income tax return, ignore any lines on the form that refer to the surtax. |
IR-89-152 |
Dec. 19, 1989 |
Tax Filing Season is Just Around the Corner |
Tax filing season is just around the corner when federal income tax packages start to arrive in mailboxes around the country. Beginning December 26, more than 107 million filers will begin to receive the annual mailing. |
IR-89-149 |
Dec. 14, 1989 |
Adjusted Tax Rate Table Announced |
The IRS today announced inflation-adjusted tax rate tables for tax years beginning in 1990. These tax rates will affect 1990 tax returns filed in 1991. |
IR-89-148 |
Dec. 7, 1989 |
Guidelines As to What Constitutes an Accountable Reimbursement Plan |
The IRS today released guidance to employers and employees on the tax treatment of employee business expenses under a reimbursement or other expense allowance arrangement. |
IR-89-144 |
Dec. 4, 1989 |
New Federal Unemployment Tax Return Available |
A new simplified federal unemployment tax return is now available for certain employers to file for the 1989 tax year. |
IR-89-138 |
Nov. 9, 1989 |
Over $40 Million in Refunds Waiting to be Claimed |
Over $40 million in tax refund checks are waiting to be claimed by about 72 thousand taxpayers nationwide according to the IRS. |
IR-89-130 |
Nov. 1, 1989 |
It's Not Too Late to Claim the Earned Income Credit |
A notice is going out to working families alerting them that it's not too late to file a tax return to claim the Earned Income Credit (EIC) for 1988, or even for 1987 and 1986. |
IR-89-129 |
Nov. 1, 1989 |
1989 Standard Mileage Rates Announced |
The IRS released the 1989 standard mileage rates today for automobiles used in business, for charitable, use, and for medical and moving expenses purposes. |
IR-89-126 |
Oct. 17, 1989 |
Reorganization of the IRS National Office |
In a move to focus tax system modernization efforts and provide for a greater level of accountability for IRS' financial management, IRS Commissioner Fred T. Goldberg, Jr., today announced a reorganization of the IRS National Office. |
IR-89-115 |
Sept. 28, 1989 |
Incorrect Taxpayer Identification Numbers |
The IRS will delay until 1990 sending banks and other payers of interest and dividends notices that identify mission or incorrect taxpayer identification numbers the payers provided for their customers. The delay will enable the IRS to ensure that notices will be properly sent to the affected payers. |
IR-89-114 |
Sept. 27, 1989 |
Banks in Violation of the Taxpayer Bill of Rights |
The IRS today expressed concern that banks are sending payments to the IRS for levies on accounts of delinquent taxpayers before the required 21-day holding period expires. |
IR-89-95 |
Aug. 9, 1989 |
Voluntary Compliance Predicted to Increase |
Voluntary compliance with tax laws declined slightly among individual taxpayers between 1982 and 1985, according to a recently completed study by the IRS. |
IR-89-94 |
Aug. 8, 1989 |
Interest Rates for the Quarter to Decrease |
The IRS today announced that interest rates for the calendar quarter beginning Oct. 1, 1989, will decrease to ten percent for overpayments and eleven percent for underpayments. |
IR-89-79 |
July 5, 1989 |
Goldberg Sworn in as IRS Commissioner |
Fred T. Goldberg, Jr. was sworn in as commissioner of Internal Revenue Service today. |
IR-89-78 |
June 30, 1989 |
Advanced Copies of Forms Available |
The IRS today released for public comment advance copies of the major individual income tax forms and the tax table and tax rate schedules for 1989. |
IR-89-69 |
June 8, 1989 |
Less Extensions, But More Individual Returns |
Fewer taxpayers this year asked for automatic extensions of time to file their returns than the IRS had anticipated, and more taxpayers used the standard deduction this year instead of itemizing. |
IR-89-67 |
June 7, 1989 |
New Child Care Provisions |
Working people who take tax credits or exclusions for dependent care and child and dependent care providers have new reporting requirements for income tax returns due next year. |
IR-89-66 |
June 5, 1989 |
Year-Round Tax Information on Cable Television |
On June 6, 1989 the IRS will begin beaming free year-round tax information to cable television viewers by satellite. The satellite program service will be transmitted to cable operators for one hour each week as part of IRS's continuing effort to inform the public on tax matters. |
IR-89-61 |
May 25, 1989 |
Filers of Form 5500EZ Should Use Enclosed Envelope |
The IRS today alerted filers of Form 5500EZ, "Annual Return of One-Participant (Owners and Their Spouses) Pension Benefit Plan, " that the instructions on where to file the return contain an incorrect ZIP code. |
IR-89-57 |
May 11, 1989 |
The Second Installment of Passive Loss Regulations Issued |
The IRS today issued the second installment of passive loss regulations. These rules offer guidance on how taxpayers should identify activities under the passive loss rules. |
IR-89-53 |
May 5, 1989 |
Employers Have Until October 1 to Assure That Their Employees Plans Meet the Requirements |
The IRS today issued a notice providing employers with additional transitional relief for testing their employee benefit plans under IRC Sec. 89. Notice 89-65 is attached. |
IR-89-48 |
April 19, 1989 |
Alternative Minimum Tax Changes |
The IRS today advised taxpayers how to amend their 1987 individual income tax returns because of retroactive changes in the alternative minimum tax computation. The IRS also explained how some taxpayers who have to amend last year's tax returns can avoid paying interest on the additional tax. |
IR-89-46 |
April 17, 1989 |
New Tax Provisions in Effect |
Before you forget about taxes for another year the IRS says you should know about some law changes now in effect. |
IR-89-43 |
April 12, 1989 |
Extra Taxpayer Help Available |
To provide extra help to taxpayers during the last few days of the filing season, the Internal Revenue Service is offering extended telephone hours on Saturday, April 14 and Monday, April 16. |
IR-89-42 |
April 6, 1989 |
IRS to Determine to What Extent Taxpayers Are Trying to Circumvent the Tax Reform Act of 1986 |
The IRS today said that it is conduction studies to determine how well taxpayers understand and are complying with the provisions of the Tax Reform Act of 1986. |
IR-89-41 |
April 5, 1989 |
Deadline Approaching to File for An Extension |
With less than two full weeks left in the 1989 tax filing season, many taxpayers who have not filed yet may be thinking about getting an extension of time to file their returns. |
IR-89-40 |
April 5, 1989 |
1985 Corporate Tax Returns Released |
The 1985 Corporation Income Tax Returns (Publication 16) has been released by the IRS. |
IR-89-39 |
March 29, 1989 |
Steps to Make Taxes Less Taxing |
As the IRS shifts into high gear for the last three weeks of income tax filing season, taxpayers can still take steps to help make their taxes less taxing. |
IR-89-37 |
March 24, 1989 |
Record Federal Tax Collections in 1988 |
The Internal Revenue Service reported record federal tax collections of $935.1 billion for fiscal year 1988. Individual tax receipts totaled $473.7 billion, an increase of 1.8 percent over the prior year. Corporation tax receipts rose 6.6 percent to $109.7 billion. |
IR-89-36 |
March 23, 1989 |
Exchange of Information With Australia |
The IRS today announced a working arrangement with the government of Australia for the spontaneous exchange of exchange of information on double taxation cases. It represents the first such arrangement ever formalized with another country. |
IR-89-35 |
March 22, 1989 |
Taxpayers Pay Only the Tax Due - No More, No Less |
The IRS today said that it is changing procedures to be used in the information document matching program for tax year 1987 and future years to ensure that taxpayers who might not have claimed all their withholding tax will get any refunds which may be due. |
IR-89-34 |
March 22, 1989 |
Short Forms for Form 1040 Users |
Over four million taxpayers who filed Form 1040 last year received Form 1040A and 1040Z tax packages this year instead. They received these "short forms" as part of a IRS effort to offer people the chance to file the simplest return possible that fits their tax situation. |
IR-89-33 |
March 21, 1989 |
IRS Will Continue to Examine the Returns of Government Employees Living Overseas |
In light of a recent Tax Court decision, the IRS today said that it will continue to examine the returns of government employees who are paid out of non-appropriated funds and claim the $70,000 exclusion for income earned abroad. |
IR-89-31 |
March 20, 1989 |
Advice for Recent Retirees |
People who have recently retired and who want to figure the taxable part of their pensions can save $50 by using a simple new worksheet instead of applying to the IRS for a ruling on the taxation of their pensions. |
IR-89-29 |
March 15, 1989 |
Increased Itemization on Form 1040 |
Initial data collected by the IRS suggests that more filers of Form 1040 are taking the standard deduction this year than did so in the past. |
IR-89-26 |
March 8, 1989 |
Filing Rates Increase Two Percent |
Individual income tax returns continue to come in to IRS Centers at a fast rate, over 2 percent faster than last year. In addition, the IRS said that processing for last week was at an all-time high. |
IR-89-25 |
March 2, 1989 |
Proposed Regulations Regarding Sections 89 & 125 |
The IRS today issued proposed regulations affecting accident and health plans, group-term life insurance and other welfare benefit plans, such as dependent care assistance program. The regulations, under Sections 89 and 125 of the IRC of 1986, provide nondiscrimination rules and qualification requirements for these plans and affect most employers with benefit plans. |
IR-89-24 |
March 1, 1989 |
Taxpayers Continue to File at Faster Pace |
Taxpayers continue to file their federal income tax returns at a faster pace than last year, and filers of the two "short forms" are leading the way. |
IR-89-23 |
Feb. 24, 1989 |
Interest Rates for the Quarter to Remain at Eleven Percent |
The IRS today announced that interest rates for the calendar quarter beginning April 1, 1989, will increase to eleven percent for overpayments and twelve percent for underpayments. |
IR-89-21 |
Feb. 22, 1989 |
A Fifteen Percent Increase in Tax Returns |
More taxpayers are filing earlier this year. For the first time this filing season the IRS received more individual income tax returns at the service centers than for a comparable period last year. |
IR-89-20 |
Feb. 16, 1989 |
U.S. Government Workers Living Overseas Are Not Allowed to Claim the Foreign Earned Income Exclusion |
The IRS today reminded overseas civilian and military federal workers that employees of the U. S. government are not permitted under the law to claim the $70,000 foreign earned income exclusion. Over 1,000 audit reports have been sent so far as a result of a recent IRS review of these cases. |
IR-89-18 |
Feb. 15, 1989 |
Be Sure to Check for Errors |
More that 334,000 taxpayers filed their 1988 income tax return electronically as of February 10, the IRS said today. That figure is more than three times the number filed at the same time last year. |
IR-89-17 |
Feb. 15, 1989 |
75 Years of the IRS Statistical Program |
A special commemorative volume to mark the first 75 years of the IRS statistical program has been released by the Internal Revenue Service. |
IR-89-14 |
Feb. 3, 1989 |
Commissioner to Return to Private Practice |
IRS Commissioner Lawrence B. Gibbs today announced that he will leave the Internal Revenue Service in early March to return to the private practice of law. |
IR-89-13 |
Feb. 3, 1989 |
Supplemental Medicare Premium Publication Available |
The Internal Revenue Service has made Publication 934, Supplemental Medicare Premium, available to help taxpayers decide whether or not they owe the premium, and if they do, how to figure it and how to pay it. |
IR-89-11 |
Jan. 27, 1989 |
Omnibus Taxpayer Bill of Rights |
Taxpayers who face significant hardships because of the manner in which the Internal Revenue Service is administering the tax laws may now apply to IRS for relief. The Omnibus Taxpayer Bill of Rights provides that the Taxpayer Ombudsman and Problem Resolution Officers may issue Taxpayer Assistance Orders (TAOs) to suspend, delay or stop actions where a taxpayer may suffer significant hardship as the result of an IRS action or failure to act. |
IR-89-10 |
Jan. 26, 1989 |
Cost-of-Living Adjustments to Section 415 |
The Internal Revenue Service today announced cost-of-living adjustments applicable to dollar limitations on benefits under qualified defined benefit pension plans and to other provisions affecting such plans. |
IR-89-07 |
Jan. 18, 1989 |
Tax Break '89 to Air on February 5 |
A special television show to encourage taxpayers to file now will be presented by the Internal Revenue Service. Tax Break '89 will air nationwide on February 5 from 3 to 5 p.m. EST over the Public Broadcasting System. |
IR-89-02 |
Jan. 5, 1989 |
Guidance Regarding Dependent Care Assistance |
The Internal Revenue Service today provided guidance to employers who must report amounts of dependent care assistance furnished to their employees in 1988. This new reporting requirement was contained in Technical and Miscellaneous Revenue Act of 1988. |
IR-89-01 |
Jan. 4, 1989 |
File Early & File Accurately |
That's the advice from the Internal Revenue Service to the nation's 109 million taxpayers at the beginning of the income tax filing season. In a related announcement, the IRS said it will hold a series of town meetings around the country to give taxpayers a chance to offer ideas and suggestions for improving the next year's forms and instructions. |