The Internal Revenue Service Advisory Council (IRSAC) released its annual report featuring recommendations on a wide range of tax administration matters.
IRSAC is an advisory group to the entire agency. IRSAC’s primary purpose is to provide an organized public forum for senior IRS executives and representatives of the public to discuss relevant tax issues. The advisory group held a public meeting in Washington, D.C.
Based on its findings and discussions, IRSAC made several recommendations on a broad array of issues and concerns including:
• The IRS needs sufficient funding to operate efficiently, provide timely and useful Read more