IRS Shifting Priorities for Advisory Panel

IRS Shifting Priorities for Advisory Panel

The Internal Revenue Service (IRS) is downsizing and revising the focus of its Advisory Committee on Tax Exempt and Government Entities (ACT), according to an agency report issued Jan. 19.

ACT members provide observations and recommendations to the IRS about current tax issues impacting different affected communities, including the tax-exempt sector. ACT currently has 21 members but the IRS said it will not be filling six upcoming vacancies, which will bring the size of the committee down to 15 members beginning in June.

The IRS said the changes are reflective of structural changes within the agency, including shifting legal work to the Office of Chief Counsel, as well as a “shift in priorities” for the IRS Tax Exempt and Government Entities (TE/GE) Division.

“It is a good time to review and revise ACT’s focus and better align it with what’s going on within the changing environment of TE/GE,” said Sunita Lough, commissioner of the TE/GE Division. “We will continue to consider more refinements of the ACT structure in coming months and potentially make more changes in 2017. We also remain committed to getting feedback and input from our stakeholders, both operationally within TE/GE and through the ACT.”

Going forward, ACT’s focus will be on tax administration issues broadly as opposed to more compartmentalized focus on the five functions of TE/GE (Employee Plans, Exempt Organizations, Federal, State and Local Governments, Indian Tribal Governments, and Tax Exempt Bonds). Source ASAE Inroads.