IR-2016-140, Oct. 26, 2016
WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today issued its annual report for 2016 to IRS Commissioner John Koskinen on new and continuing issues in tax administration.
The report includes recommendations involving the penalty abatement process, the Form W-9, Request for Taxpayer Identification Number and Certification, and the use of Frequently Asked Questions on the IRS website.
“Effective information reporting results in effective tax administration,” Koskinen said. “The Committee’s recommendations are an important line of sight into how we can improve the IRS information reporting program.”
During 2016, the committee continued its dialogue with IRS officials regarding reporting requirements under the Foreign Account Tax Compliance Act (FATCA) and the Affordable Care Act (ACA) and made extensive recommendations regarding both laws. The report also includes recommendations involving electronic delivery of forms W-2 and 1095-C, theft of business taxpayer identity and more.
Commissioner Koskinen congratulated and thanked seven members of the Committee ending their term. All served three-year terms with the exception of Frederic Bousquet who served four years.
- Michael Gangwer – IRPAC Chair
- Robert Birch – Employer Information Reporting and Burden Reduction (EIRBR) subgroup member
- Frederic Bousquet – International Reporting and Withholding (IRW) subgroup chair
- Beatriz Castaneda – Emerging Compliance Issues (ECI) subgroup chair
- Ernesto Castro – EIRBR subgroup member
- Roseann Cutrone – IRW subgroup member
- Carolyn Diehl – IRW subgroup member
The full 2016 IRPAC Public Report is available on IRS.gov.
The IRPAC is a federal advisory committee, formed in 1991, that provides an organized public forum for discussion of information reporting issues. The committee includes a diverse cross-section of individuals drawn from the tax professional community, financial institutions, small and large businesses, universities and colleges, as well as securities and payroll firms.