IRS releases Issue 2019-3 to remind FIs to keep POC and RO contact information current

On 28 March 2019, the U.S. Internal Revenue Service (“IRS”) released Issue 2019-3 to remind Financial Institutions (“FIs”) to keep Person of Contact (“POC’) and Responsible Officer (“RO”) contact information current since this is the primary way through which the Service contacts FIs and it is expected that this channel of communication is kept open through the FIs ensuring that email addresses and contact information are always correct. For more information, please refer to the Responsible Officers and Points of Contact FAQ 7 (Link).

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