Tax Exempt and Government Entities Advisory Committee
to Hold Public Meeting

WASHINGTON - The Internal Revenue Service’s Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting June 7, 2006, at 9 a.m. at 1111 Constitution Ave., N.W., Washington, D.C.

During the meeting, four project teams will present recommendations to the IRS Commissioner and senior leadership of the IRS’s Tax Exempt and Government Entities Division (TE/GE). The projects cover:

• Policies and guidelines for Form 990 revision,
• Document compliance program for 403(b) arrangements,
• Public employers’ toolkit for preparing payrolls, and
• Effect of IRS audit information on tax-exempt bond market.

The 18-member panel includes external stakeholders and representatives who deal with employee retirement plans, tax-exempt organizations, tax-exempt bonds and federal, state, local and Indian tribal governments. ACT members are appointed by the Secretary of the Treasury and generally serve two-year terms. They advise the IRS on operational policies and procedures.

The project reports and proceedings of the meeting will be made public under the Federal Advisory Committee Act.

Due to limited seating and security requirements, members of the public interested in attending the meeting should call Cynthia Phillips Grady to confirm their attendance. She can be reached at 202-283-9954 (not a toll-free number). Attendees are encouraged to arrive at least 30 minutes before the session begins.

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