[Federal Register Volume 62, Number 194 (Tuesday, October 7, 1997)]
[Notices]
[Pages 52379-52380]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-26018]
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DEPARTMENT OF TREASURY
Internal Revenue Service
Notice of Open Meeting of the Information Reporting Program
Advisory Committee
AGENCY: Internal Revenue Service (IRS), Treasury.
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 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 Tuesday and Wednesday, October
28-29, 1997. The meeting will be held in Room 3313 of the Internal
Revenue Service Main Building, which is located at 1111 Constitution
Avenue, NW., Washington, DC. 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 October 28-29, 1997
Tuesday, October 28, 1997
9:30 Public Meeting Opens
11:30 Break for Lunch
1:00 Public Meeting Continues
4:30 Adjourn for the Day
Wednesday, October 29, 1997
9:30 Public Meeting Reconvenes
[[Page 52380]]
12:00 Adjourn
The topics that will be covered are as follows:
(1) Information Reporting for Small Estates.
(2) State Reporting on Form 1099-MISC.
(3) Issues Relating to Forms 5498, 1099-R and 1099-MSA.
(4) Usage of Individual Taxpayer Identification Numbers (ITIN's).
(5) Publication 515 Regarding Individual Retirement Account (IRA)
Distributions.
(6) Introduced Business and Form W-9 Sharing.
(7) Foreign Withholding Final Regulations.
(8) Taxpayer Relief Act of 1997.
(9) Elimination of the Centralized IRP Call-Site at the Martinsburg
Computing Center.
(10) Information Reporting for Disregarded Entities.
(11) Martinsburg Computing Center Update.
(12) Electronic Financial Tax Payment System (EFTPS).
(13) Tip Reporting.
(14) TIN Matching for the Private Sector.
(15) Electronic Filing of Information Returns.
(16) Century Date Change.
(17) Form W-2c Requirement for Address Corrections.
(18) Procurement Card Reporting.
(19) December/January Mutual Fund Dividends for Foreign
Shareholders.
(20) Direct Deposit Message on Form 1099.
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 19 representatives from various segments of the
information reporting payer community. IRPAC members are not paid for
their time or services, but consistent with Federal regulations, they
are reimbursed for 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 80 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
building access list, notification of intent to attend this meeting
must be made with Ms. Thomasine Matthews no later than Thursday,
October 23, 1997. Ms. Matthews can be reached at 202-622-4214 (not a
toll-free number). Notification of intent to attend should include your
name, organization and phone number. If you leave this information for
Ms. Matthews 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. Matthews on or after Monday,
October 20, 1997 to have a copy of the agenda faxed to you. Please note
that a draft agenda will not be available until Monday, October 20,
1997.
ADDRESSES: If you would like to have IRPAC consider a written statement
at a future IRPAC meeting (not the October 1997 meeting), please write
to Kate LaBuda at IRS, Office of Specialty Taxes, CP:EX:ST:PC, Room
2013, 1111 Constitution Avenue, NW., Washington, DC, 20224.
FOR FURTHER INFORMATION CONTACT: To give notification of intent to
attend this meeting, call Ms. Thomasine Matthews at 202-622-4214 (not a
toll-free number). For general information about IRPAC call Kate LaBuda
at 202-622-3404 (not a toll-free number).
Dated: September 24, 1997.
Kate LaBuda,
(Acting) Director Office of Payer Compliance Office of Specialty Taxes.
[FR Doc. 97-26018 Filed 10-6-97; 8:45 am]
BILLING CODE 4830-01-U
