Taylor Porter’s partner appointed to chair IRSAC’s Small Business & Self-Employed Subgroup
MSI’s Louisiana law member Taylor Porter is delighted to announce that the firm's Partner and Tax Practice Group Leader, John McDermott, has been appointed to chair the Internal Revenue Service Advisory Council’s Small Business/Self-Employed and Wage & Investment Subgroup, a chapter of the IRSAC, focusing on small business and individual taxpayer issues.
John McDermott will meet with the Commissioner of the IRS, John Koskinen, and with the commissioners who are responsible for SB/SE and W&I divisions of IRS.
The IRSAC currently has three subgroups: Large & Mid-Size Business Subgroup; Small Business/Self-Employed and Wage & Investment Subgroup, and Office of Professional Services Subgroup.
Since January 2015, McDermott has served as a member of the IRSAC, which provides an organised public forum for IRS officials and representatives of the public to discuss key tax administration issues. Members are selected to represent the taxpaying public, tax professionals, small and large businesses, academia and the payroll community. The council provides the IRS commissioner and division leadership with important feedback, observations and suggestions.
As an advisory body designed to focus on broad policy matters, the IRSAC reviews existing tax policy and/or recommends policies with respect to emerging tax administration issues. The IRSAC suggests operational improvements, offers constructive observations regarding current or proposed IRS policies, programs, and procedures, and advises the Commissioner with respect to issues having substantive effect on federal tax administration.
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