Michael Mares presents the federal tax update for the past week covering topics that include:

• The Economic Stimulus Package which includes rebate checks that will be distributed beginning in May 2008. IRS Notice 2008-28 addresses the issue of how people who don’t file a 2007 tax return will need to inform the IRS that they are eligible for the rebate.
• IRS News Release 2008-8 announced that 130 million notices will to taxpayers mailed throughout March 2008
• The Tax Court finally reached a decision on Hubert Enterprises Inc. regarding deficit restoration obligation (DRO). This case has been in the system for several years.
• IRS News Release 2008-25 regarding form 990N
• And more…