Monday, August 8, 2011

IRS News & Events from Stakeholder Liaison (August 8, 2011)

Hello Everyone,
I hope all is going well with you!  Below is latest edition of IRS News & Events from Stakeholder Liaison.  Please share this information with your colleagues.
Also, attached above is a flyer promoting the CSEA - IRS Federal Representation Workshop 2011:  The Basics of IRS Compliance Processes and Representation.  This workshop is designed to provide new tax practitioners with a basic understanding of IRS compliance processes and procedures as they relate to examinations, collections, appeals, and offers in compromise. 
Have a great day!


Newsroom                                                                              August 8, 2011


2010 Form 8939 is Due Nov. 15; Reporting Option Applies to Many Large Estates
IR-2011-83, Aug. 5, 2011— IRS provides guidance for estates of decedents who died in 2010.


IRS Takes Next Steps in International Realignment; Bolsters Transfer Pricing Compliance Programs and International Coordination
IR-2011-81, July 27, 2011 — IRS announces changes to improve agency's international operations by consolidating certain efforts.

Two-Year Limit No Longer Applies to Many Innocent Spouse Requests
IR-2011-80, July 25, 2011 — The Internal Revenue Service today announced that it will extend help to more innocent spouses by eliminating the two-year time limit that now applies to certain relief requests.

Comments Sought on Updated Rules for IRS Communications with Appeals Office
IR-2011-78, July 19, 2011 — The Internal Revenue Service today requested public comment on proposed updates to existing rules on permissible communications between the Office of Appeals and other parts of the IRS.

IRS Gives Truckers Three-Month Extension; Highway Use Tax Return Due Nov. 30
IR-2011-77, July 15, 2011 — Truckers and other owners of heavy highway vehicles have until Nov. 30, 2011, to file their next federal highway use tax return, which is usually due Aug. 31.


IMRS Hot Issues - August 1, 2011

IRS Gives Truckers Three-Month Extension, IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules, IRS Notice Invites Public Comments Regarding Continuing Education Providers, and more . . .


IRS Technical Guidance


Headliner 312, July 20, 2011 - IRS Reminds Taxpayers that FUTA Surcharge has Expired

The IRS reminds employers that the Federal Unemployment Tax Act surcharge of 0.2% expired on June 30, 2011. This means that the FUTA rate for employers went to 6.0% starting on July 1, 2011.


The Updated Circular 230 is Now Available

The updated Circular 230, revised to reflect the new return preparer oversight program and other changes, is now available on You may want to bookmark for easy reference.


Notice 2011-61 invites comments regarding education providers under the tax return provider program.


Revised Notice 2011-53 describes the timeline for phased implementation of chapter 4. In particular, it describes the transition rules relating to withholding for USFIs and withholding, due diligence, and reporting obligations for participating FFIs.


TD 9539 contains final regulations that amend the regulations concerning the election to claim the reduced research credit.  The final regulations simplify how taxpayers make the election and affect taxpayers that claim the reduced research credit.


Announcement 2011-42 advises taxpayers that the IRS intends to discontinue authorizing the high-low per diem method for substantiating lodging, meal, and incidental expenses incurred in traveling away from home.


Audit Technique Guides offer insight into specific industry issues

IRS audit technique guides include common and unique industry issues, business practices, industry terminology and other information designed to assist IRS examiners in performing examinations, but are also helpful to businesses in those industries for bookkeeping and other purposes.  Recently updated Audit Technique Guides include:

·         Business Consultants

·         Attorneys


FinCEN Announces Taxpayers Can Report Foreign Financial Accounts Electronically

The Financial Crimes Enforcement Network (FinCEN) announced July 18 that taxpayers now can electronically file Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR).



National/Local Phone Forums and Webinars for Practitioners



·         Update and Q&A Session on IRC Section 3402(t) - 3 Percent Withholding - August 18th

·         EPCRS :  Plan Correction Issues  -   August 25, 2011


IRS Nationwide Tax Forums  - Plan ahead – Here are the locations for the 2011 Forums!



I hope you find this information useful.  If you would like additional information, you can subscribe to an IRS e-Subscription by going to the e-News Subscription page on 


If you would like to discontinue receiving my local Stakeholder Liaison e-mails, please e-mail me at Jennifer and request removal of your name. 
Jennifer Henrie-Brown, ID #94-07690
Stakeholder Liaison Specialist
SBSE Communications, Liaison & Disclosure
510-637-2199/ fax 510-637-2434