[Federal Register Volume 64, Number 62 (Thursday, April 1, 1999)]
[Notices]
[Pages 15871-15872]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-7902]
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DEPARTMENT OF TREASURY
Internal Revenue Service
Information Reporting Program Advisory Committee; Notice of
Meeting
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of open meeting of the Information Reporting Program
Advisory Committee.
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SUMMARY: In 1991 the IRS established the Information Reporting Program
Advisory Committee (IRPAC) in response to a recommendation made by the
United States Congress. The primary purpose of IRPAC is to provide an
organized public forum for discussion of relevant information reporting
issues between the officials of the IRS and representatives of the
payer/practitioner community. IRPAC offers constructive observations
about current or proposed policies, programs, and procedures and, when
necessary, suggests ways to improve the operation of the Information
Reporting Program (IRP).
There will be a meeting of IRPAC on Wednesday, April 28, 1999. The
meeting will be held in Room 126 of the Senate Dirksen Office Building,
which is located at Constitution Avenue and 1st Street, NE.,
Washington, DC. It is suggested that meeting attendees enter the
building through the Constitution Avenue entrance. A summarized version
of the agenda along with a list of topics that are planned to be
discussed are listed below.
Summarized Agenda for Meeting on April 28, 1999
Wednesday, April 28, 1999
9:00--Meeting Opens
11:30--Break for Lunch
1:00--Meeting Resumes
5:00--Meeting Adjourns
The topics that are planned to be covered are as follows:
(1) Counting the Number of B-12 Notices
(2) Schedule K-1 (Form 1065) Substitute Statements
(3) Distributions from Conduit IRAs of Former U.S. Residents and NRA
Withholding Rules
(4) Revision of the Form 5472
(5) Changes to IRS Instructions to Clarify Education IRA Reporting
Requirements
(6) Resolving Excess Contributions in a Roth IRA after the Tax Filing
Deadline
(7) Qualified Settlement Fund Proposed Guidance
(8) Form 1441 Requirements and the Form W-9
(9) Follow-up on Combined Filing of Information Returns by Paying
Agents
(10) Follow-up on Guidance on Claiming Exemptions on Form W-4--
Frivolous Non-Filers
(11) IRS Update on Martinsburg Computing Center Initiatives
(12) IRS Update on Electronic Tax Administration IRP Initiatives
(13) IRS Update on HOPE Credit/Lifetime Learning Credit
Note: Last minute changes to these topics are possible and could
prevent advance notice.
SUPPLEMENTARY INFORMATION: IRPAC reports to the National Director,
Office of Specialty Taxes, who is the executive responsible for
information reporting payer compliance.
IRPAC is instrumental in providing advice to enhance the IRP
Program. Increasing participation by external stakeholders in the
planning and improvement of the tax system will help achieve the goals
of increasing voluntary compliance, reducing burden, and improving
customer service. IRPAC is currently comprised of 20 representatives
from various segments of the information reporting payer/practitioner
community. IRPAC members are not paid for their time or services, but
consistent with Federal regulations, they are reimbursed for
[[Page 15872]]
their travel and lodging expenses to attend two public meetings each
year.
DATES: The meeting will be open to the public, and will be in a room
that accommodates approximately 100 people, including members of IRPAC
and IRS officials. Seats are available to members of the public on a
first-come, first-served basis. In order to get your name on the list
of public attendees, please call Ms. Gloria Wilson at 202-622-4393, no
later than Friday, April 23, 1999. Notification of intent to attend
should include your name, organization and phone number. If you leave
this information for Ms. Wilson in a voice-mail message, please spell
out all names. A draft of the agenda will be available via facsimile
transmission the week prior to the meeting. Please call Ms. Gloria
Wilson at 202-622-4393 on or after Monday, April 19, 1999, to have a
copy of the agenda faxed to you. Please note that a draft agenda will
not be available until that date.
ADDRESSES: If you would like to have IRPAC consider a written statement
at a future IRPAC meeting (not this upcoming meeting), please write to
Ms. Kate LaBuda at the IRS, Office of Payer Compliance, OP:EX:ST:PC,
Room 2013, 1111 Constitution Avenue, NW., Washington, DC, 20224.
FOR FURTHER INFORMATION CONTACT: To get on the list of public attendees
for this meeting, or to have a copy of the agenda faxed to you (on or
after April 19, 1999), call Ms. Gloria Wilson at 202-622-4393. For
general information about IRPAC call Ms. Kate LaBuda at 202-622-3404.
Dated: March 23, 1999.
Kate LaBuda,
(Acting) Director, Office of Payer Compliance, Office of Examination.
[FR Doc. 99-7902 Filed 3-31-99; 8:45 am]
BILLING CODE 4830-01-P