Jay Fishman, who chairs the Government Relations Committee for the American Society of Appraisers (ASA), just received notice of his appointment to the Internal Revenue Service Advisory Council (IRSAC) for a three-year term. “IRSAC is a very prestigious committee that advises the IRS Commissioner on all hot-button tax issues, substantive and procedural,” says Peter Barash (Peter Barash Associates), the Government Relations Consultant to the ASA. “Jay's appointment was due overwhelmingly to his credentials and distinguished work on behalf of the appraisal profession,” Barash explains. “But, clearly, his appointment was greatly assisted by official ASA support for his candidacy,” including a letter sent to the IRS Commissioner and the Treasury Secretary and signed by Les Miles, ASA's International President.
That letter also supported the candidacy of Will Frazier to another important advisory group, the IRS Information Reporting Program (IRPAC). IRPAC has established a unit to advise the Service on a wide range of important tax-related appraisal policies, and should release news regarding Frazier’s proposed appointment before the end of the year.