Issue Information Advance Notice for Tax Professionals IRS sometimes releases Revenue Rulings, Revenue Procedures and other technical items in advance of publishing them in the Internal Revenue Bulletin. The full text of these advance notices is available for download. Applicable Federal Rates These revenue rulings provide various prescribed rates for federal income tax purposes for the current and recent-past months. BLS Department Store Inventory Price Indexes This page provides directions and links to the Department Store Inventory Price Indexes published each month by the Bureau of Labor Statistics (BLS) on the BLS website. These BLS indexes may be used by department stores using the retail and last in, first out, (LIFO) inventory methods, in valuing inventories. Calendar(s) This probably won't help you organize your birthday card list, but our Tax Calendar will help you find important individual, business, and excise tax dates. We also have an Online Tax Calendar which replaces the 12-month Tax Tips newsletter subscription. Collection Financial Standards Collection Financial Standards are used to help determine a taxpayer's ability to pay a delinquent tax liability. Allowances for food, clothing and other items, known as the National Standards. Earned Income Tax Credit (EITC) Important information on EITC and Advance EITC, and EITC materials for your business needs. Exempt Organizations Learn about the "exemption" process and search through a list of qualified charitable organizations. Download an Exempt Organization Tax Kit and much more. A comprehensive source of information about Exempt Organizations. Extensions of Time to File Quick links to download extension forms for individual and corporation income tax returns. Help During Disasters If your client has sustained damage or lost property in a location declared by the President as a major disaster area, you should know about IRS Help During Disasters. Independent Contractor or Employee Publication 1976, Independent Contractor or Employee PDF. Section 530 provides businesses with relief from federal employment tax obligations if certain requirements are met. Internal Revenue Bulletins The Internal Revenue Bulletin (IRB) is the authoritative instrument of the IRS for announcing all substantive ruling necessary to promote a uniform application of tax law. Market Segment Understandings The MSU Program, first introduced in 1993, is a means of enhancing tax compliance while reducing taxpayer burden. This Program envisions that the IRS and taxpayers in particular market segments, work together to improve tax compliance in those areas through educational efforts and other collaborative approaches rather than through traditional audit techniques. MSSP Audit Technique Guides The Market Segment Specialization Program focuses on developing highly trained examiners for a particular market segment. These Audit Technique Guides contain examination techniques, common and unique industry issues, business practices, industry terminology and other information to assist examiners in performing examinations. Other Hot Tax Professional Questions Need information on the Taxpayer Relief Act of 1997, or the Technical Corrections Bill, or any other bills? Here is a quick link to Tax Law Legislation. Statistics of Income There's a wealth of information about the financial composition of individuals, business taxpayers, tax exempt organizations and more. Statistics of Income data has been sampled from all kinds of returns and sorted in lots of interesting ways. Tax Statute References Links to researchable versions of the Code of Federal Regulations (CFR), Internal Revenue code (IRC) and many other useful reference databases are now available from our Tax Regs In English page. Tax Tables & Schedules Interactive Tax Tables PDF and Tax Rate Schedules.
