Internal Revenue Service officials today announced the launch of a new electronic newsletter designed to help federal, state and local government entities understand and comply with federal tax laws.
The new quarterly âFederal, State and Local Governments Newsletterâ is available on the IRS Web site at www.irs.gov/govts
The site features an electronic subscription service that enables those interested to sign up to receive automatic notification of subsequent newsletters as soon as they are issued.
"Officials in state and local governments, as well as those in thousands of quasigovernmental entities, want timely information about the complex body of laws and IRS programs and procedures they need to comply with," said Allen Jones, Director of the IRS's office of Federal, State and Local Governments (FSLG). "This new publication will enable the IRS to provide better information for a group of taxpayers with very special needs."
The quarterly newsletter is intended to provide current information for 90,000 state and local governments on tax and benefit issues concerning federal tax obligations along with Social Security and Medicare coverage for public employers.
In addition to information from the IRS, the "Federal, State and Local Governments Newsletter" features contact information, news of upcoming conferences and educational events and articles from the Social Security Administration, the National Conference of State Social Security Administrators and other organizations that work in partnership with the IRS to meet the tax needs of government entities.
The FLSG office is part of the IRS's Tax Exempt and Government Entities (TE/GE) operating division.