TITLE

irs briefing

PUB. DATE
August 2005
SOURCE
Practical Accountant;Aug2005, Vol. 38 Issue 8, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information regarding recent decision and rulings by the U.S. Internal Revenue Service (IRS) related to taxation. It is reported in the article that in IR-2005-69, the IRS has certified the model year 2006 Toyota Highlander Hybrid as being eligible for die clean-burning fuel deduction. The one-time deduction must be taken in the year the vehicle is originally used and the taxpayer must be the original owner. It is further reported that the IRS has provided interim guidance and information concerning state or local bond opinions under U.S. Treasury Department Circular 230.
ACCESSION #
17803819

 

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