IRS to Raise Some User Fees in 2006 The Internal Revenue Service announced increases in selected user fees for 2006. The new fee structure will more accurately reflect the costs of processing various applications, ruling requests and opinion letters, the agency said. http://accounting.smartpros.com/x51067.xml

AMT Fix Not Coming Soon Senate majority leader Bill Frist, R-Tenn., said that Congress isn't likely to act before the year's end on legislation to stave off the alternative minimum tax from hitting an estimated 17 million new taxpayers. http://www.webcpa.com/article.cfm?articleid=16612

Tax trap threatens millions in 2006 Efforts to slow the spread of the alternative minimum tax have bogged down in Congress, leaving more than 15 million taxpayers potentially susceptible to the "stealth tax" for the first time starting in 2006. http://www.mercurynews.com/mld/mercurynews/13404031.htm

IRS Releases Schedules M-3 for Insurance and S Corporations http://accounting.smartpros.com/x50967.xml

IRS Announces 2006 Standard Mileage Rates http://www.irs.gov/newsroom/article/0,,id=151226,00.html