1. Stimulus Payments Update
Check the Economic Stimulus Payments Information Center on IRS.gov for updates, also available in Spanish.
2. Recent Disaster Relief
Victims of recent storms and floods in Illinois, Missouri and Nebraska may qualify for IRS disaster relief. Be sure to check for updates on the tax relief in disaster situations page.
3. Apply for New VITA Grant
The IRS is now accepting applications for the first-ever Volunteer Income Tax Assistance (VITA) matching grant program. They must be received by Sept. 2, 2008. See news release IR-2008-85 for information on how to apply.
4. Filing Extensions Changing for Some Business Taxpayers
Temporary and proposed regulations will reduce the extension of time to file tax returns for certain businesses that generate Schedules K-1 and other similar statements from six months to five. Requiring these statements to be issued one month earlier, generally by Sept. 15, will provide recipients time to prepare and file returns within the extended time frames. For details, see news release IR-2008-84.
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