Department of Treasury May 30, 2006 – Federal Register Recent Federal Regulation Documents

In 1998 the Internal Revenue Service established the Electronic Tax Administration Advisory Committee (ETAAC). The primary purpose of ETAAC is for industry partners to provide an organized public forum for discussion of electronic tax administration issues in support of the overriding goal that paperless filing should be the preferred and most convenient method of filing tax and information returns. ETAAC offers constructive observations about current or proposed policies, programs, and procedures, and suggests improvements. Listed is a summary of the agenda along with the planned discussion topics.

Pursuant to the Presidential $1 Coin Act of 2005 (Pub. L. 109- 145, 31 U.S.C. 5112(p)(3)(A)), the United States Mint and the Board of Governors of the Federal Reserve System (Board) announce a coin users group forum at which United States Mint and Board officials will have the opportunity to consult with leaders of businesses, agencies, and industries involved in the use and distribution of circulating coins, especially $1 coins. Date of Forum: Thursday, June 8, 2006.

These regulations affect taxpayers that file Federal income tax returns. They simplify, clarify, or eliminate reporting burdens and also eliminate regulatory impediments to the electronic filing of certain statements that taxpayers are required to include on or with their Federal income tax returns. The text of the temporary regulations also serves as the text of the proposed regulations set forth in the notice of proposed rulemaking on this subject in the Proposed Rules section in this issue of the Federal Register.