On November 20th, the Internal Revenue Service Advisory Council (hereinafter “IRSAC”) disseminated its 2024 Annual Public Report, including recommendations to the IRS on new and continuing matters in tax administration. The 2024 Annual Public Report covers a highly diverse range of topics including, but not limited to:
- IRS Funding
- Strategic Operating Plan Assessment and Analysis
- Reporting Level of Service Data
- Hiring
- Online Accounts Promotion
- Online Accounts Technical Support
- Capabilities for Business Online Tax Accounts
- Authorization Techniques to Enable Businesses to Utilize Online Accounts
- Identity Theft Prevention and Resolution
- PTIN Database and Renewal System
- Oversight of Return Preparers
- Broadening Continuing Education for Enrolled Agents to Include Practice Management Topics
- Process for Issuing New and Revised Forms and Obtaining Comments
As a background, the IRSAC serves as a federal advisory committee to the IRS commissioner and executive leadership. It provides an organized public forum for discussion of relevant issues in tax administration. It should be duly noted that IRSAC members offer observations and advice regarding current and / or proposed IRS policies, programs, and procedures. The IRSAC is administered under the Federal Advisory Committee Act by the IRS Communications & Liaison Division, Office of National Public Liaison. Members represent the taxpaying public, the tax professional community, small and large businesses, tax-exempt and government entities, the payroll administration industry and academia. The IRSAC is currently organized into five subgroups:
- Information Reporting
- Large Business & International
- Small Business / Self-Employed
- Tax Exempt / Government Entities
- Taxpayer Services.
The IRSAC 2024 Annual Public Report can be reviewed in its entirety at https://www.irs.gov/pub/irs-pdf/p5316.pdf
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