The Internal Revenue Service just announced twenty new appointments to its Information Reporting Program Advisory Committee (IRPAC), which “provides an organized public forum for discussing relevant tax administration issues between IRS officials and representatives of the public,” according to a news release. Among the new members: Will Frazier, senior managing director and principal of Howard Frazier Barker Elliott, Inc. (Houston). CPAs comprise nearly half of the appointments, followed by attorneys. All will join the fourteen returning committee members in 2008. For more information on IRPAC, visit the IRS Tax Professionals page.
By the way: Don’t miss Frazier along with John Porter (Baker Botts) and Michael Paschall (Banister Financial), as they discuss the Jelke reversal in the first BVR telephone conference of 2008. As many will recall, Frazier was the business appraiser in the original Tax Court case, while attorney Porter led the appeal to the 11th Circuit, which reversed the decision and ratified dollar-for-dollar reduction in embedded capital gains. To register for the teleconference—which takes place tomorrow, January 17, 2008—click here.
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