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| For small business owners, check the calendars below for tax due dates: |
| Jan 2005 Dates and Actions |
| Feb 2005 Dates and Actions |
| Mar 2005 Dates and Actions |
| Apr 2005 Dates and Actions |
| May 2005 Dates and Actions |
| June 2005 Dates and Actions |
| July 2005 Dates and Actions |
| August 2005 Dates and Actions |
| September 2005 Dates and Actions |
| October 2005 Dates and Actions |
| November 2005 Dates and Actions |
| December 2005 Dates and Actions |
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| Why Pay Taxes? -- The Truth about Frivolous Tax Arguments |
| The Truth About Frivolous Tax Arguments ( PDF 86K ) addresses some of the more common false "legal" arguments made by individuals and groups who oppose compliance with the federal tax laws. These arguments are grouped under six general categories, with variations within each category. Each contention is briefly explained, followed by a discussion of the legal authority that rejects the contention. A final section illustrates the penalties that the courts may impose on those who pursue tax cases on frivolous grounds. |
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| Small Business Help from the IRS |
| At one time or another, every small business person has tax questions. The IRS offers a variety of types of assistance to small business owners: publications, CD-ROMs, videos, Taxpayer Assistance Centers, tollfree tax assistance, classes and workshops. |
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| Publication 3700, Virtual Small Business Workshop CD-ROM - This CD-ROM is a good resource for small business owners. It incorporates audio and video and is closed-captioned in English, Spanish, and Mandarin Chinese. |
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| Publication 3207, Small Business Resource Guide: What You Need to Know About Taxes and Other Topics CD-ROM - This CD ROM contains all the business tax forms, instructions, and publications needed by small business owners. The CD provides other information such as how to prepare a business plan and finding financing for your business. |
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| Publication 3693, Introduction to Federal Taxes for Small Business and Self-Employed CD-ROM - This CD-ROM course introduces new small business owners and self-employed entrepreneurs to Federal tax law in an easy-to-understand format. |
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| To order any of the above CDs, call 800-829-3676. |
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| Tax Benefits for Armed Forces Members |
| Several tax law provisions benefit active members of the U.S. Armed Forces, especially those serving in combat areas. Those who qualify get some or all of their military pay tax free, and they have extra time to file returns. |
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| Medical Expenses |
| The IRS has issued guidance on several tax issues related to medical care this year, some related to the deductibility of certain expenses, others related to Flexible Spending Arrangements (FSAs) and similar employer plans. There's also a new Health Coverage Tax Credit program that helps pay medical insurance premiums for certain workers who lose their jobs due to the effects of international trade and for people age 55 or over who receive benefits from the Pension Benefit Guaranty Corporation. Knowing how these rules work may get you some tax benefits for your medical care dollars. |
| IR-2003-66 — Surgical procedures and nonprescription items |
| IR-2003-108 — FSA reimbursements for nonprescription drugs |
| Rev. Rul. 2003-43 ( PDF 43K ) — Use of debit cards for FSA-reimbursable expenses |
| Rev. Rul. 2003-57 ( PDF 49K ) — Cosmetic surgery and certain other procedures |
| Rev. Rul. 2003-58 ( PDF 47K ) — Bandages, crutches and other nonprescription, non-drug items |
| Rev. Rul. 2003-102 ( PDF 46K ) — FSA reimbursements for nonprescription drugs |
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| Health Coverage Tax Credit — Program Overview |
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| Tax Shelter Updates |
| Milestones in the IRS campaign against abusive tax avoidance transactions . |
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| See You in Court? |
| Why do some tax cases end up in court? How does the IRS determine which cases it will pursue? In an April 24, 2003, address to the Tax Court Judicial Conference IRS Chief Counsel B. John Williams spoke on his approach to designating cases for litigation. His comments give insight into this aspect of tax administration. ( PDF 108K ) |
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| Hot Topics |
| Here you'll find items of current interest – new programs, recent guidance, or timely reminders. Or jump to the latest news about IRS forms and publications . |
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| Back-to-School Tax Breaks |
| Whether teacher or student, you may learn how to save on your taxes |
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