Daily Tax Update - January 29, 2010

IRS ANNOUNCES NEW ADDRESSES FOR MAILING SOME TAX RETURNS:  The IRS announced today that some taxpayers who file paper income tax returns will send them to different processing centers this year. According to the IRS, "Taxpayers in Maine, Maryland, Massachusetts, New Hampshire, Vermont, Virginia and the District of Columbia will now send their tax returns to the IRS Kansas City Service Center in Kansas City, Mo. Taxpayers in Indiana and Michigan will send their tax returns to the IRS Fresno Service Center, in Fresno, Calif. Taxpayers in Alabama will send their tax returns to the IRS Austin Service Center in Austin, Texas." Taxpayers who e-file will not be affected by the address changes.  

  • Additional information can be accessed here.  

REID DELAYS UNVEILING JOBS BILL:  Senate Majority Leader Harry Reid said that he will release his proposal for a jobs bill next week. In the President's State of the Union address earlier this week, the President said that the Senate should pass a jobs bill similar to the one passed by the House. Senate Democratic Policy Committee Chairman Byron Dorgan said that the State of the Union caused a “delay by a few days to incorporate a few of the President’s suggestions." Dorgan said that the bill will include a new small business capital gains provision. Reid added, "We're going to have a jobs agenda. We're going to do more than one thing. We will announce that sometime next week."


S.2967: A bill to amend the Internal Revenue Code of 1986 to provide a refundable credit for small business job growth, and for other purposes.
Sponsor: Sen Cardin, Benjamin L. [MD] (introduced 1/28/2010) Cosponsors (None)

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