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Area 4 Committee Meeting Minutes
February 5, 2003
11:00 A.M. CST
Conference Call
Present:
- Bob Burke
- David Cain
- Ivan Cotman
- Dan Drumel
- Robin Gausebeck
- Glenn Hall
- Larry Lexow
- Leslie Malcolmson
- Dick Murphy
- Bob Meldman
- Nancy Quarles
- Mary Ann Delzer, DFO
Not Present:
- James Abraham
- Frank Claudman
- Thad Davis
- Dick Greenberg
- Carl Hansen
- Joe Meissner
- Richard Morris
- Teresa Smedley
Review Approve Minutes
Public Input
Discussion of Issues
· Form 990
Murphy gave the following report from the subcommittees minutes/action plan:
Present were: Joe Meissner, Subcommittee Chair, Mary Ann Delzer, Robert Burke, Richard Greenberg, Leslie Malcolmson, and Richard Murphy.
The subcommittee set a number of items on which to take further action.
- Agreed to schedule a meeting w/ one or some of the "Owner(s)" of Form 990. Mary Ann agreed to facilitate this process to bring the individual(s) together with the Subcommittee. Among the purposes of the discussion would be: (1) to determine if changes to the form are being contemplated, or if change would be welcome; (2) to receive guidance and gain understanding about various elements of Form 990 and its schedules, and current filing threshold limits; and (3) to discuss the abatement process.
- Richard Greenberg agreed to email the members of the committee the results of his discussions with various groups about their comments on improvements to Form 990. These would be added to the correspondence of John Boehm, Chairperson for Midwest Citizen Advocacy Panel that listed a number of other recommendations reviewed by the Subcommittee.
- Mary Ann agreed to send a copy to all Subcommittee members of what Richard Greenberg submitted to the Nonprofit Financial Center for posting on their website to seek input on recommendations for improving the Form 990. Subcommittee members would look into organizations that may wish to submit other ideas as well. The Subcommittee set the deadline of 5-31-03 for submitting recommendations via this process.
- Finally, the Subcommittee agreed to hold another conference call on Wednesday, March 12, 2003 at 10:30 EST, and 9:30 CST.
· SIMPLE IRA
Delzer is waiting a call from Paul Schultz, Director, Rulings & Agreements, regarding this CAP recommendation. Treasury objected about this before, as it would not be in the best interest of employees.
· "Just in Time" Notification
Smedley was not able to make the call.
ACTION: Delzer will advise the committee to consolidate their thoughts in a report for the committees consideration in April.
· Excise Tax Paid by Private Foundations
Malcolmson is still working on this.
· Taxpayer Correspondence
Hansen was not able to report.
ACTION: Meldman asked Drumel to contact Hansen to set up a conference call.
· Increase Capital Loss
Morris presented this issue to the Joint Committee and they asked for more information. Delzer reported Area 6 is interested in the issue too.
ACTION: Delzer to contact Area 6 to see if there is interest in a joint proposal.
· Elimination of Supporting Forms 1040A
Abraham was unable to make the call. No subcommittee meeting has been held yet.
ACTION: Gausebeck volunteered to take the lead on this.
· Increase Acceptance E-file Returns
No work completed on this issue yet. Issue is when a return rejects, why can't IRS accept the return and code it for future corrections, so the does not have to be mailed. ACTION: Cain volunteered to take over as chair for this issue after the filing season.
New Issues
Meldman and Morris attended a WICPA meeting and heard several issues from them.
TAS limited authority - When you check the box as the Preparer, you are still limited to the first adjustment. Why can't this authority be adjusted to go all the way to an audit?
Committee: Meldman (chair), Gausebeck, and Cain
1099 S reporting - There is some confusion as to who has the responsibility to issue the form 1099S. Need better FAQs or 1099S Filing Instructions. Meldman will follow-up with the initiator of the issue for more information:
Certain of our clients are title companies that serve as settlement agents, and that do a substantial amount of 1099 reporting on the sale of real estate. They would like revised instructions from the Service that provide more detail on reporting requirements, exemptions, and the interplay between 1099 and 1031 exchanges. I would be happy to collect questions and comments from the industry.
Committee: Quarles (chair), Cain, and Drumel. They will research after filing season ends.
Outreach
Murphy - Arranged a meeting with Chet Blair on March 5.
Cain - Had a meting with Teresa Post.
Drumel - Shared that during his EITC Committee they will have someone from SPEC make a presentation at the next meeting.
Meldman/Morris - Attended a WICPA meeting.
Gausebeck - With an invitation from Tom McMurray, she will be attending two congressional staffing seminars to present TAP information.
Action Items
Delzer advised the committee she has contacted Susan Morgenstern, Cleveland Legal Aid Society, for her written comments about her concerns about the Refund Anticipation Loan programs.
Delzer is still working on the backup withholding issue and will report in March requested a copy of the notice.
Future Meeting Planning
In April the TAP will meet face-to-face in Cincinnati. There will be a tour of the Service Center on Tuesday morning. The committee will have to divide into a couple groups as they limit the tours to ten people. Delzer will ask for presentations from the accounts management and the compliance areas as well.
Members will travel in April 27, 2003. April 28, 2003 will be a meeting day, 9am - Noon and 1pm to 4pm. Members will visit the Service Center in the morning of April 29, 2003, and continue their meeting from 2:00-5:00pm.
ACTION: Delzer will try to acquire a copy of the pipeline processing video.
Miscellaneous
Drumel had a story from the paper on 1/26/02, about being able to file directly with the IRS and IRS would already have the W-2 information for taxpayers. What ever happened to this?
ACTION: Delzer will follow-up and see what the plans are for such a system.
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