Daily Tax Update - March 13, 2007

IRS WARNS TAXPAYERS AGAINST FAKE IRS WEBSITESToday, the IRS reminded taxpayers that the address of the official IRS government Web site is www.irs.gov.  The IRS said that some taxpayers may be confused by similar websites that contain some form of the Internal Revenue Service name or IRS acronym with a .com, .net, .org or other designation in the address instead of .gov.

  • The IRS also reminded taxpayers who receive an unsolicited e-mail purporting to be from the IRS that they should never click on any links in the message, open any attachments or provide any personal or financial information to the sender.  Identity thieves frequently use Internet and email scams to steal personal data and financial information.
  • IRS Commissioner Mark Everson said, “There is one legitimate IRS site: IRS.gov.  Always check carefully and make sure you know what Web site you are using.”

TAX BILLS INTRODUCED MARCH 12TH CAN BE ACCESSED VIA:
http://www.steptoe.com/attachment.html/2901/MARCH12TAX.pdf

INTERNAL REVENUE SERVICE - CIRCULAR 230 DISCLOSURE:
As provided for in Treasury regulations, advice (if any) relating to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of (1) avoiding penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any plan or arrangement addressed herein.

STEPTOE & JOHNSON LLP - TAX PRACTICE
Steptoe & Johnson LLP has one of the largest and most diverse law firm tax practices in the country. The practice covers the entire spectrum of federal taxation, including representation of businesses before the Congress, Treasury and the national office of the IRS; transactional planning for domestic and multinational corporations; complex audit and controversy work for corporations and other business interests contesting IRS adjustments; litigation before the Tax Court, Court of Federal Claims, district courts, courts of appeals and the Supreme Court. The firm's tax practice also encompasses all aspects of employee benefits (ERISA), executive compensation, tax-exempt organizations and charitable giving. Steptoe has an extensive state and local tax practice, representing an array of business clients on complex sales and use tax, corporate income tax and property tax matters, both advising those clients and handling audits, administrative appeals, and litigation for them. Read more information on Steptoe's tax practice.