The Treasury Department and IRS today released the IRS priority guidance plan for 2014-2015, which is intended to focus resources on guidance items that are most important to taxpayers and tax administration.
The 2014–2015 Priority Guidance Plan contains 317 projects that are priorities for allocation of the resources of IRS offices during the twelve-month period from July 2014 through June 2015 (the plan year). The plan represents projects they intend to work on actively during the plan year and does not place any deadline on completion of projects. Some projects that were in the 2013-2014 Priority Guidance Plan have not been included in the latest plan because they are no longer considered priorities in allocating resources.
It is also intended to update and republish the 2014-2015 plan during the plan year to reflect additional items that have become priorities and guidance that has been published during the plan year. The periodic updates allow Treasury and the IRS flexibility throughout the plan year to consider comments received from taxpayers and tax practitioners relating to additional projects and to respond to developments arising during the plan year.
