The IRS has developed six (6) new security, privacy, and business standards to better protect taxpayer information collected, processed and stored by Authorized IRS e-file Providers participating in Online Filing of Individual income tax returns. The security and privacy objectives of these standards are: setting minimum encryption standards for transmission of taxpayer information over the internet and authentication of Web site owners/operators beyond that offered by standard version SSL certificates; periodic external vulnerability scan of the taxpayer data environment; protection against bulk-filing of fraudulent tax returns; and the ability to timely isolate and investigate potentially compromised taxpayer information. These standards also address certain customer service objectives such as instant access to Web site owner/operator’s contact information, and e-file Providers commitment to maintaining physical, electronic, and procedural safeguards that comply with applicable law and federal standards.

Home Affordable Modification Program (HAMP). This ruling holds that Pay-for-Performance Success Payments that benefit a homeowner under the United States Government's Home Affordable Modification Program (HAMP) are excludable from the homeowner's income under the general welfare exclusion.

Federal rates; adjusted federal rates; adjusted federal long-term rate and the long-term exempt rate. For purposes of sections 382, 642, 1274, 1288, and other sections of the Code, tables set forth the rates for July 2009.

Final, temporary, and proposed regulations under section 7874 of the Code relate to the determination of whether a foreign corporation is treated as a surrogate foreign corporation pursuant to section 7874(a)(2)(B). Notice 2006-70 obsoleted.

Final, temporary, and proposed regulations under section 7874 of the Code relate to the determination of whether a foreign corporation is treated as a surrogate foreign corporation pursuant to section 7874(a)(2)(B). Notice 2006-70 obsoleted.

This notice solicits applications for allocations of the national bond volume limitation authority (“volume cap”) of $2 billion to issue tribal economic development bonds (TEDBs) under section 7871(f) of the Code. This notice also provides related guidance on the (1) eligibility requirements that a project must meet to be considered for a volume cap allocation; (2) application requirements and the application form for requests for volume cap allocations; and (3) the method that the IRS will use to allocate the volume cap.

This procedure provides reliance criteria to private foundations and sponsoring organizations that maintain donor advised funds in determining whether a potential grantee is a supporting organization described in section 509(a) of the Code. Notice 2006-109 superseded in part.