News Releases for March 2007

IR-2007-74, March 30, 2007 — Electronically-filed tax returns are up almost 6 percent from the same period last year.

IR-2007-73, March 29, 2007 — The IRS and Treasury Department today announced the release of proposed regulations that would disallow foreign tax credits for foreign taxes purportedly paid in connection with certain artificially engineered, highly structured transactions.

IR-2007-72, March 29, 2007 — Many taxpayers are missing out on the special telephone tax refund, Free File and more.

IR-2007-71, March 29, 2007 — The penalty stems from the firm’s promotion of abusive and fraudulent tax shelters and violation of certain tax laws relating to tax shelters.

IR-2007-70, March 27, 2007 — Many cell-phone users appear to be overlooking the telephone tax refund in the mistaken belief that this one-time refund only applies to land-line customers.

IR-2007-69, March 26, 2007 — David R. Williams will direct Electronic Tax Administration and Refundable Credits; Debra Holland will direct Earned Income Tax Credit program.

IR-2007-68, March 23, 2007 — With the filing deadline approaching, the IRS today announced enhancements to the interactive Online Payment Agreement application on IRS.gov.

IR-2007-67, March 22, 2007 — The IRS is providing a further extension, until June 30, 2007, of the deadline for current and former U.S.-based employees of foreign embassies, consular offices and missions and international organizations to participate in a one-time settlement initiative.

IR-2007-66, March 22, 2007 — Applications are being accepted through April 30.

IR-2007-65, March 22, 2007 — More taxpayers are using e-file as their method of choice for filing their tax returns this year.

IR-2007-64, March 19, 2007 — The IRS has acknowledged the certification by General Motors Corp. that its 2007 Saturn Aura Hybrid vehicle meets the requirements of the Alternative Motor Vehicle Credit as a qualified hybrid motor vehicle.

IR-2007-63, March 16, 2007 — The report includes information about returns filed and taxes collected, enforcement, taxpayer assistance and the IRS budget and workforce and more.

IR-2007-62, March 16, 2007 — The IRS released statistics today showing that taxpayers’ use of IRS.gov, which includes features such as Where’s My Refund is increasing.

IR-2007-61, March 15, 2007 — The IRS today issued guidance identifying dozens of frivolous positions that taxpayers should avoid when filing their tax returns.

IR-2007-60, March 15, 2007 — Under the law, retailers and other businesses that sell prepaid phone cards usually qualify for the telephone tax refund.

IR-2007-59, March 14, 2007 — This year more than two million taxpayers to date have electronically filed their tax returns using IRS's Free File.

IR-2007-58, March 13, 2007 — The IRS today reminded taxpayers that the address of the official IRS government Web site is www.irs.gov, not other sites with extensions such as .com, .net or .org.

IR-2007-57, March 12, 2007 — Certain corporations need to e-file their returns or ask for an extension by March 15.

IR-2007-56, March 12, 2007 — The IRS today reminded corporations, facing a March 15 tax-filing deadline, that they can use interest factors posted on IRS.gov to help them figure the one-time telephone excise tax refund.

IR-2007-55, March 12, 2007 — Highlights include articles on individual income taxes, split-interest trusts and tax-exempt organizations.

IR-2007-54, March 12, 2007 — The IRS today announced there will be no change in the interest rates for the calendar quarter beginning April 1, 2007.

IR-2007-53, March 8, 2007 — Direct-deposit refunds soared over the $100 billion mark last week as a growing number of taxpayers are choosing the speed and convenience of direct deposit, rather than receiving a paper check, IRS said.

IR-2007-52, March 8, 2007 — Free File makes it easy for people who do not normally file tax returns to request the telephone excise tax refund.

IR-2007-51, March 6, 2007 — To collect a refund for 2003, an income tax return for 2003 must be filed with an IRS office no later than Tuesday, April 17, 2007.

IR-2007-50, March 5, 2007 — The new form adds significant changes as a result of the Tax Increase Prevention and Reconciliation Act of 2005.

IR-2007-49, March 2, 2007 — More people are using their home computers to electronically file their tax returns this year.

IR-2007-48, March 1, 2007 — Form 8802 electronic payment scheduled to start April 2.

IR-2007-47, March 1, 2007 — The IRS is encouraging interested parties to submit to the Industry Issue Resolution (IIR) Program topics for resolution involving a controversy, a dispute or an unnecessary burden on taxpayers.

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