[Federal Register Volume 60, Number 72 (Friday, April 14, 1995)]
[Notices]
[Page 19112]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-9286]



-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY
Internal Revenue Service


Information Reporting Program Advisory Committee Meeting

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of Open Meeting of the Information Reporting Program 
Advisory Committee.

-----------------------------------------------------------------------

SUMMARY: In 1991 the IRS established the Information Reporting Program 
Advisory Committee (IRPAC). 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.
    There will be a meeting of IRPAC on Tuesday and Wednesday, May 9 & 
10, 1995. The meeting will be held in room 3313 of the Internal Revenue 
Service Building. The building is located at 1111 Constitution Avenue, 
Northwest, Washington, DC. The meeting will begin at 9:30 a.m., on both 
days, concluding about mid-day on the 10th. Topics to be discussed are 
listed along with a summarized version of the agenda.

Summary Agenda for Meeting on May 9 & 10, 1995

Tuesday, May 9, 1995

9:30  Public Meeting Opens
11:30  Break for Lunch
1:00  IRPAC Presentations Continue
4:00  Adjourn for the Day

Wednesday, May 10, 1995

9:30  Public Meeting Reconvenes
12:00  Adjourn

    The topics that will be covered are as follows:

1.  Nonresident Alien Task Force Update
2.  Retirement Payments to Nonresident Aliens
3.  Form 4224 Issues--Notional Principal Contacts
4.  Harmonization of Rules for Forms W-8 and W-9
5.  Single Tax and Wage Reporting System Update
6.  Document Receipt and Record Retention
7.  Penalty Notice Update
8.  Announcement of IRP Quality Supplier Awards
9.  Circular E and Supplement for Large Employers
10.  Update on MCC Seminars
11.  Coordination with Payers on Changes to IRP Forms
12.  Form 1099R and 5498 Instructions
13.  Fire at Martinsburg Computing Center Satellite Facility
14.  IRS Legislative Update
15. Discharge of Indebtedness Reporting Update
16. Special Rule for Taxation of Certain Employee Benefits
17. Identifying the Payee
18. Reporting on Construction Loan Disbursements

    Note: Last minute changes to the topics under discussion are 
possible and could prevent advance notice.

SUPPLEMENTARY INFORMATION: IRPAC reports to the National Director, 
Service Center Compliance, who is the executive responsible for 
information reporting and is charged with its systemwide planning and 
improvement. 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 and reduction of burden. IRPAC is 
currently comprised of 21 representatives from various segments of the 
private sector 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 meetings 
each year.

DATE: The meeting, which will be open to the public, will be in a room 
that accommodates approximately 75 people, including members of IRPAC 
and IRS officials. Seats are available to 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. Tommie Matthews no later than May 5, 1995. Ms. Matthews can be 
reached at 202-622-5620 (not a toll-free number). Notification of 
intent to attend should include your name, organization and phone 
number.

ADDRESSES: If you would like to have IRPAC consider a written 
statement, please write to Kate LaBuda at IRS, Office of Service Center 
Compliance, CP:CO:SC:P, room 2013, 1111 Constitution Avenue, NW., 
Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:To give notification of intent to 
attend this meeting, call Ms. Tommie Matthews at 202-622-5620 (not a 
toll-free number). For information about IRPAC, in general, or about 
the agenda for this meeting, call Kate LaBuda at 202-622-3404 (not a 
toll-free number).

    Dated: April 7, 1995.
Larry Faulkner,
Director, Office of Payer Compliance, Service Center Compliance.
[FR Doc. 95-9286 Filed 4-13-95; 8:45 am]
BILLING CODE 4830-01-U