Lisa Allen, CHRS, CFC, CAS VP Regulatory Affairs is one of only seven from across the nation, newly appointed as members to serve a three-year term on the IRS Information Reporting Program Advisory Committee (IRPAC).
IRPAC, which meets regularly in Washington, is a federal advisory committee that advises the IRS on various tax administration and reporting. IRPAC members present their annual report to the IRS Commissioner at a public meeting each October.
Lisa has also been appointed to Employer Information Returns/Burden Reduction (EIRBR) subgroup.
The Advisory committee provides a means by which the best resources and experience available in all fields of business and professions can be made available to the Federal government at little cost. Section 2 of the Federal Advisory Committee Act (FACA), states: “The Congress finds that there are numerous committees, boards, commissions, councils and similar groups which have been established to advise officers and agencies in the executive branch of the Federal government and that they are frequently a useful and beneficial means of furnishing expert advice, ideas, and diverse opinions to the Federal government.”
Advisory committee members provide constructive observations regarding current or proposed IRS policies, programs, and procedures, and propose improvements to information reporting operations and the Information Reporting Program through a final report. IRPAC also responds to draft regulations and notices through comment letters.
“Information reporting is a critically important part of our tax law, and public input on effective operation of information reporting systems is essential. The new IRPAC members bring a wealth of experience as well as insight that we are fortunate to have.”
– IRS Commissioner John Koskinen
“This is an excellent opportunity to have a representative on the committee who is a subject matter expert on IRS reporting and tax documents, to speak out on behalf of our Clients and all employers in regards to form complexities, impact on employer’s time and the financial burden.”
– Lisa Allen
Lisa brings over 25 years of employee benefits experience to her role as the legal and regulatory compliance subject matter expert for the Clients of Relph Benefit Advisors. Lisa manages regulatory updates and client council regarding ERISA, Section 125, the Affordable Care Act and managing employee eligibility for RBA Clients. Additionally, she provides compliance update seminars to employer groups across New York State.
For information on her seminar schedule contact Lisa via email: LAllen@relphbenefitadvisors.com or call 1-800-836-0026 x230.
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