News Releases for July 2006

IR-2006-119, July 31, 2006 — The new Online Payment Agreement will allow delinquent taxpayers to file an application for a payment agreement via computer.

IR-2006-118, July 28, 2006 — New tip reporting program eases burden on businesses in the food and beverage industries.

IR-2006-117, July 24, 2006 — Taxpayers whose returns are due Oct.16 can file their returns electronically through a tax professional, home computer or the Free File Alliance.

IR-2006-116, July 19, 2006 — Scamsters may try to lure you into revealing personal information in a phony e-mail mentioning the Electronic Federal Tax Payment System.

IR-2006-115, July 20, 2006 — Consumers still have time to buy qualified Honda hybrid vehicles and claim a tax credit for the purchase.

IR-2006-114, July 20, 2006 — The Internal Revenue Service today released final drafts of Schedules M-3 and Form 8916 for the 2006 tax year, and a new Form 8916-A, “Reconciliation of Cost of Goods Sold Reported on Schedule M-3.”

IR-2006-113, July 18, 2006 — The Internal Revenue Service today announced the release of the Spring 2006 issue of the Statistics of Income Bulletin. For the first time, the Bulletin takes a detailed look at individual noncash charitable contributions.

IR-2006-112, July 13, 2006 — Cash rebates or incentives that employers provide to their employees for hybrid car purchases are taxable and must be reported as income.

IR-2006-111, July 13, 2006 — National Taxpayer Advocate Nina E. Olson today delivered a report to Congress that identifies the priority issues the Office of the Taxpayer Advocate will address in the coming fiscal year.

IR-2006-110, July 11, 2006 — The Internal Revenue Service has acknowledged the certification by General Motors Corp. that its 2007 Saturn Vue Green Line vehicle qualifies for the Alternative Motor Vehicle Credit created by the Energy Policy Act of 2005.

IR-2006-109, July 11, 2006 — The Internal Revenue Service has acknowledged the certification by American Honda Motor Company, Inc., that two of its vehicles powered by compressed natural gas (CNG) meet the requirements of the Alterative Motor Vehicle Credit enacted by the Energy Policy Act of 2005.

IR-2006-108, July 11, 2006 — The Internal Revenue Service has acknowledged the certification by General Motors Corporation that several of its 2006 and 2007 vehicles qualify for the Alternative Motor Vehicle Credit.

IR-2006-107, July 11, 2006 — IRS Headquarters building restoration may not be complete until beginning of 2007. Tax administration and tax records are not affected. Headquarters employees are being assigned to work at 12 other IRS buildings in the area.

IR-2006-106, July 11, 2006 — Under a new federal law, taxpayers submitting new offers in compromise must make a 20 percent nonrefundable, up-front payment in many cases, the Internal Revenue Service announced today.

IR-2006-105, July 10, 2006 — SUPERSEDED BY IR-2006-123

IR-2006-104, July 7, 2006 — Reminder comes after increase in complaints in recent weeks.

Find previous year news releases and fact sheets from 1997 through last month.