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What Is New?
Economic Indicators
- Major Economic Indicators Latest NumbersConsumer Price Index (CPI): unchanged in Feb 2010 News Release Historical Data Unemployment Rate: 9.7% in Mar 2010 News Release Historical Data Payroll Employment: +162,000(p) in Mar 2010 News Release Historical Data Average Hourly Earnings: -$0.02(p) in Mar 2010 News Release Historical Data Producer Price Index (PPI): -0.6%(p) in Feb 2010 News Release Histo […]
- Major Economic Indicators Latest Numbers
Consumer News
- Bank Fraud? There's an App for ThatWith the increasing popularity and convenience of mobile-banking apps comes the risk of downloading and installing a fraudulent application that could steal your account information and, potentially, any other data stored on your mobile device. In other words, the next generation of phishing scams is about to explode, and it has the potential to do much more […]
- Bank Fraud? There's an App for That
Economic Analysis
- Personal Income and Outlays, February 2010Personal income increased $1.2 billion, or less than 0.1 percent, and disposable personal income (DPI) increased $1.6 billion, or less than 0.1 percent, in February, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $34.7 billion, or 0.3 percent. In January, personal income increased $30.4 billion, or 0.3 percent […]
- Personal Income and Outlays, February 2010
Budget Office
- A Review of CBO’s Activities in 2009 Under the Unfunded Mandates Reform ActThe federal government—through laws and regulations—sometimes requires state, local, and tribal governments and various entities in the private sector to expend resources to achieve national goals. In 1995, the Unfunded Mandates Reform Act (UMRA) became law, aimed at ensuring that, during the legislative process, the Congress receives information about such […]
- A Review of CBO’s Activities in 2009 Under the Unfunded Mandates Reform Act
Economic Outlook
- Working Paper 2010-01: Does Doctors' Experience Matter in LASIK Surgeries?Juan M. Contreras, Beomsoo Kim, and Ignez M. Tristao […]
- Information on CBO's Cost Estimate for the President's Proposal to Settle Cobell v. SalazarLetter to the Honorable Doc Hastings […]
- S. 1703, A bill to amend the act of June 18, 1934, to reaffirm the authority of the Secretary of the Interior to take land into trust for Indian tribesCost estimate for the bill as ordered reported by the Senate Committee on Indian Affairs on December 17, 2009 […]
- H.R. 553, Reducing Over-Classification ActCost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on November 4, 2009 […]
- Federal Climate Change Programs: Funding History and Policy Issues[…]
- Working Paper 2010-01: Does Doctors' Experience Matter in LASIK Surgeries?
7 Important Facts About Your Appeal Rights
The IRS provides an appeals system for those who do not agree with the results of a tax return examination or with other adjustments to their tax liability. Here are the top seven things to know when it comes to your appeal rights.
When the IRS makes an adjustment to your tax return, you will receive a report or letter explaining the proposed adjustments. This letter will also explain how to request a conference with an Appeals office should you not agree with the IRS findings on your tax return.
In addition to tax return examinations, many other tax obligations can be appealed. You may also appeal penalties, interest, trust fund recovery penalties, offers in compromise, liens and levies.
You are urged to be prepared with appropriate records and documentation to support your position if you request a conference with an IRS Appeals employee.
Appeals conferences are informal meetings. You may represent yourself or have someone else represent you. Those allowed to represent taxpayers include attorneys, certified public accountants or individuals enrolled to practice before the IRS.
The IRS Appeals Office is separate from – and independent of – the IRS office taking the action you may disagree with. The Appeals Office is the only level of administrative appeal within the agency.
If you do not reach agreement with IRS Appeals or if you do not wish to appeal within the IRS, you may appeal certain actions through the courts.
For further information on the appeals process, refer to Publication 5, Your Appeal Rights and How To Prepare a Protest If You Don’t Agree. This publication, along with more on IRS Appeals is available at IRS.gov.