IRS Invites Input on 2015-2016 Priority Guidance Plan

IRS Invites Input on 2015-2016 Priority Guidance Plan



The IRS sets priority guidance plans each year and updates them on a quarterly basis. The IRS uses the priority guidance plan each year to identify and prioritize the tax issues that should be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance. The 2015-2016 Priority Guidance Plan will identify guidance projects that the IRS intends to work on actively as priorities during the period from July 1, 2015, through June 30, 2016.

The IRS sets priority guidance plans each year and updates them on a quarterly basis. The IRS uses the priority guidance plan each year to identify and prioritize the tax issues that should be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance. The 2015-2016 Priority Guidance Plan will identify guidance projects that the IRS intends to work on actively as priorities during the period from July 1, 2015, through June 30, 2016.

In reviewing recommendations and selecting projects for inclusion on the 2015-2016 Priority Guidance Plan, the IRS will consider whether:

  • The recommended guidance resolves significant issues relevant to many taxpayers;
  • The recommended guidance promotes sound tax administration;
  • The recommended guidance can be drafted in a manner that will enable taxpayers to easily understand and apply the guidance;
  • The recommended guidance involves regulations that are outmoded, ineffective, insufficient, or excessively burdensome and that should be modified, streamlined, expanded, or repealed;
  • The IRS can administer the recommended guidance on a uniform basis; and
  • The recommended guidance reduces controversy and lessens the burden on taxpayers or the IRS.

Comments are due to the IRS and Treasury by May 1, 2015. Owners are not required to submit recommendations for guidance in any particular format. However, the IRS asks that you briefly describe the recommended guidance and explain the need for the guidance.

You can submit comments electronically via the Federal eRulemaking Portal at www.regulations.gov. Type IRS-2015-0008 in the search field on the homepage to find this notice and submit comments. Or you can mail comments to:

     Internal Revenue Service

     Attn: CC:PA:LPD:PR (Notice 2015-27), Room 5203

     P.O. Box 7604

     Ben Franklin Station

     Washington, DC 20044

Topics