Thursday, May 06, 2010

IRS Seeks Applications for Information Reporting Advisory Council

According to their newest press release, the Internal Revenue Service is requesting membership nominations for the Information Reporting Program Advisory Committee (IRPAC), which provides recommendations to IRS leadership on a wide range of information reporting and administration issues.

“Information reporting is a key component of sound tax administration and the input and perspectives from IRPAC help improve the work of the IRS,” said IRS Commissioner Doug Shulman.

IRPAC presents an annual report to the IRS commissioner at a public meeting in the fall.

IRPAC consists of up to 35 members who are appointed to three-year terms by the IRS Commissioner. About one third of the membership terms expire each year. Nominations are currently being accepted for up to nine appointments which will begin January 2011.

The deadline for submitting applications is May 28, 2010. IRPAC members are drawn from diverse backgrounds. Members represent the taxpaying public, tax professional community, small and large businesses, colleges and universities, state tax administrations, banks, insurance companies, foreign financial institutions and the payroll community.

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