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IRS begins “Free File” today

http://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free

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Payroll-Tax Break Said to Be Discussed by Obama

President Barack Obama’s advisers have discussed seeking a temporary cut in the payroll taxes businesses pay on wages as they debate ways to spur hiring amid signs that the recovery is slowing, according to people familiar with the matter. (6/9/2011)

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IRS lax in checking deductions for new cars

WASHINGTON — The IRS did not require proof from people claiming deductions for new vehicle purchases allowed under the 2009 economic stimulus act and has been slow to investigate claims for excessive deductions, according to a government watchdog report.

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IRS Identifies Organizations that have Lost Tax-Exempt Status

WASHINGTON –– The Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. The IRS believes the vast majority of these organizations are defunct, but it also announced special steps to help any existing…

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