Excerpt:

SPECIAL ANNOUNCEMENT
Announcement 2007–106, page 1021.
The announcement for the 2008 IRS Individual e-file Partnership
Program will solicit applications from potential partners
for participation in the program. The partnership opportunities
are a result of RRA 98, which authorized the IRS Commissioner
to promote the benefits of and encourage the use of
e-file products and services through partnerships with various
entities that offer low-cost tax preparation and electronic filing
of individual income tax returns for qualified taxpayers. Those
applicants that are accepted into the program will have a link(s)
and offer description(s) for their products and services posted
to IRS.gov (Partners Page).
INCOME TAX
Ct. D. 2083, page 986.
Levies upon third party property to collect taxes owed by
another; wrongful levy action. The Supreme Court holds
that the Trust missed section 7426(a)(1)’s deadline for challenging
a levy, and may not bring the challenge as a tax refund
claim under section 1346(a)(1).
REG–140206–06, page 1006.
Proposed regulations under section 1441 of the Code provide
guidance regarding the withholding and reporting obligations
of a withholding agent in the case of a self tender by a publicly
traded corporation, when a determination is required under
section 301 as to whether the distribution is treated as a
dividend or a distribution in part or full payment in exchange
for stock. A public hearing is scheduled for February 6, 2008.

Notes:

This information was obtained from the IRS.gov website. E-File Magic does not warrant the accuracy of this information and provides it as a convenience to it’s customers. We encourage you to visit http://www.irs.gov/businesses/lists/0,,id=98230,00.html for the most recent copy of this information.