Information Reporting Program Advisory Committee; Notice of Meeting

[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