Tag Archives: Internal Revenue Service

Tax Credit for Fuel Cell Vehicles

IRS Explains How Manufacturers and Purchasers Can Take Advantage of Tax Credit for Fuel Cell Vehicles WASHINGTON — The Internal Revenue Service today issued a notice providing procedures for vehicle manufacturers to certify that a fuel cell vehicle meets the requirements for a tax credit. It also provides guidance to taxpayers who purchase certified vehicles… Read More »

Top 2008 Tax Scams

Phishing Scams, Frivolous Arguments Top the 2008 ‘Dirty Dozen’ Tax Scams   WASHINGTON – The Internal Revenue Service today issued its 2008 list of the 12 most egregious tax schemes and scams, highlighted by Internet phishing scams and several frivolous tax arguments.   Topping this year s list of scams is phishing, which encompasses numerous… Read More »

IRS Names Four New Frivolous Claims to Avoid

An individual or group may not avoid paying their fair share of taxes by making “frivolous” legal arguments such as those listed in this notice. The IRS publicizes these frivolous claims to help taxpayers understand the law and avoid penalties. Notice 2008-14 lists positions identified as frivolous for purposes of the penalty under section 6702… Read More »