Last modified: Tuesday, January 13, 2009
Joan Hagen appointed to IRS Information Reporting Program Advisory Committee
FOR IMMEDIATE RELEASE
Jan. 13, 2009
BLOOMINGTON, Ind. -- Joan Hagen, managing director of Financial Management Services and University Chief Accountant at Indiana University, has been appointed by the Internal Revenue Service to serve on the Information Reporting Program Advisory Committee. Hagen and six other new members will join 27 returning members who are in the second year or third year of a three-year term.
The IRPAC was established in 1991 and focuses on information reporting issues. The committee's purpose is to provide an organized public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public. IRPAC's members represent various segments of the professional tax community.
Hagen was nominated to serve on the committee by the National Association of College and University Business Officers. All nominees submit a resume and complete a written application to the IRS, and undergo a Federal Tax Check and an FBI Background Check. Selection to the committee then is based upon the applicant's qualifications as well as the segment or group he or she represents.
At IU, Hagen is responsible for university financial reporting and serves as liaison for the annual financial audit. Her responsibilities also include overseeing university tax compliance and reporting, federal cost compliance and calculation, submission and negotiation of the university's Facilities and Administrative Rate (F&A) to the U.S. Department of Health and Human Services, and university cash control and reconciliation. She also serves in an executive capacity at the departmental level for FMS.