IR-2023-207: IRS Advisory Council issues 2023 Annual Report

WASHINGTON ? The Internal Revenue Service Advisory Council (IRSAC) today issued its annual report for 2023, including recommendations to the IRS on new and continuing issues in tax administration.?

The 2023 Public Report includes recommendations on 23 issues covering a broad range of topics including:?

Section 302, Escrow and Certification Procedure
Timely Obtaining Employer ID Numbers (EINs) to Comply with the Corporate Transparency Act Requirements
Form 1099-K Reporting
Self-Correction Guidance for Employee Plans
Forms Modernization?

The IRSAC serves as a federal advisory committee to the IRS commissioner that provides an organized public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public. IRSAC members offer constructive observations regarding current or proposed IRS policies, programs and procedures.?

The IRSAC is administered under the Federal Advisory Committee Act by the Office of National Public Liaison, part of IRS Communications and Liaison, and draws its members from the taxpaying public, the tax professional community, representatives of the low-income community, small and large businesses, tax-exempt and government entities, the payroll industry and academia. Five subgroups report to the parent council:?

Information Reporting
Large Business & International
Small Business/Self-Employed
Tax Exempt/Government Entities
Wage & Investment?

Commissioner Danny Werfel and IRS executives thanked 11 members of the council whose terms end this year:?

Martin Armstrong ? Armstrong served as Chair of IRSAC.
Sharon Brown ? Brown served on the Tax Exempt/Government Entities Subgroup.
Jeremiah Coder ? Coder served on the Large Business & International Subgroup.
Steven Klitzner ? Klitzner served as Chair of the Small Business/Self Employed Subgroup.
Charles Parr ? Parr served on the Large Business & International Subgroup.
Luis Parra ? Parra served on the Wage & Investment Subgroup.
Phillip Poirier ? Poirier served as Chair of the Wage & Investment Subgroup.
Seth Poloner ? Poloner served on the Information Reporting Subgroup.
Nancy Ruoff ? Ruoff served as Chair of the Tax Exempt/Government Entities Subgroup.
Paul Sterbenz ? Sterbenz served on the Information Reporting Subgroup.
Kathryn Tracy ? Tracy served on the Wage & Investment Subgroup.?

The full 2023 IRSAC Public Report is available at IRS.gov.

?? ?? ?

Thank you for subscribing to the IRS Newswire, an IRS e-mail service.

If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe.

This message was distributed automatically from the mailing list IRS Newswire. Please Do Not Reply To This Message.

Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com.

This service is provided to you at no charge by the Internal Revenue Service (IRS).

This email was sent to [email protected] by: Internal Revenue Service (IRS) ? Internal Revenue Service ? 1111 Constitution Ave. N.W. ? Washington DC 20535