IRS Electronic Tax Administration Advisory Committee Delivers Report to Congress
The Electronic Tax Administration Advisory Committee (ETAAC) recently presented its 2012 Annual Report to Congress during a public meeting. The report discusses five groups of recommendations on issues in electronic tax administration.
Highlights of the report include recommendations on the following key outcomes:
• Reinforcing standards for security, privacy, and fraud prevention
• Moving forward on e-file of employment tax and information tax returns,
• Creating Internet tools for taxpayers and tax professionals,
• Leveraging tax delivery service channels and
• Funding Modernized e-File and Customer Account Data Engine to completion
“Through its recommendations, ETAAC provides an important voice to the IRS,” said David Williams, Director of the Return Preparer Office. “We appreciate the long hours and focus the ETAAC brings, and we will carefully review these recommendations.”
The 14-member committee provides an organized public forum for discussion of electronic tax administration issues and the overriding goal that paperless filing should be the preferred and most-convenient method of filing tax and information returns.
“ETAAC commends IRS on surpassing its goal and receiving more than 80 percent of individual tax returns electronically. IRS can now turn its attention to employment tax returns and re-focus on delivering electronic interactions to taxpayers and tax professionals,” said Mark Steber, ETAAC Chairman.
ETAAC submits an annual progress report to Congress each June. The IRS Electronic Tax Administration created the ETAAC in 1998 as required by the IRS Restructuring and Reform Act of 1998.
For more information on your tax return, visit www.irs.gov. Please contact our office at (941) 906-1231 for an initial consultation if you need legal advice.