IRS Posts Publication Explaining Individual Income Tax: The IRS posted an updated version of Publication 17 , ” Your Federal Income Tax ,” to www.irs.gov . The online version has more than 900 interactive links and has been updated with important 2008 changes, including information on the new recovery rebate credit, new first-time-homebuyer credit, and an additional standard deduction for real estate taxes. News Release IR-2008-142 .
IRS Promotes Tax Talk Today on Upcoming Filing Season: A special 100-minute Tax Talk Today entitled “Getting Ready for Filing Season 2009—Individuals and Businesses,” will be held on 1/13/09. In addition to covering updates to forms, the latest tax law changes, avoiding common errors, and IRS processing issues, two continuing education credits will be offered for this special webcast. Interested practitioners who can’t watch the show can view the archives anytime—see www.taxtalktoday.com for further information.