IRS invites public comments on 2018-2019 Priority Guidance Plan

The IRS has invited the public to submit recommendations for items that should be included on the 2018-2019 Priority Guidance List. The Treasury Department’s Office of Tax Policy and the IRS use the Priority Guidance List 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 2018-2019 Priority Guidance List will establish the guidance that the Treasury and the IRS intend to work on as priorities from July 1, 2018 through June 30, 2019.
The Treasury Department and the IRS recognize the importance of public input in formulating a Priority Guidance Plan that focuses resources on guidance items that are most important to taxpayers and tax administration. The Treasury Department and the IRS note that they have been focusing their efforts on guidance projects necessary to implement the Tax Cuts and Jobs Act. They expect to continue to concentrate on guidance implementing the Act for the rest of the current plan year and during the 2018-2019 plan year. Thus, they do not expect to complete a number of projects on the 2017-2018 Priority Guidance Plan, but they currently expect that many of these projects will be carried over to the 2018-2019 Priority Guidance Plan.
Recommendations should be submitted by June 15, 2018 for possible inclusion on the original 2018-2019 Priority Guidance List. Taxpayers may, however, submit recommendations for guidance at any time during the year. Comments should be mailed to the Internal Revenue Service, Attn: CC:PA:LPD:PR (Notice 2018-43), Room 5203, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044; or hand delivered to the Courier’s Desk, Internal Revenue Service, Attn: CC:PA:LPD:PR (Notice 2018-43), 1111 Constitution Ave. NW., Washington, DC 20224. Comments may also be submitted electronically at www.regulations.gov (type IRS-2018-0010 in the search field on the regulations.gov homepage to find this notice and submit comments).

Source: IRS Notice 2018-43, I.R.B. 2017-20, May 14, 2018.
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