The Internal Revenue Service is preparing an announcement on the definition of insurance, and it also is preparing proposed regulations on hybrid pension plans.

The IRS lists those projects and many others in the 2007-2008 Priority Guidance Plan.

The IRS publishes the priority guidance plan every year to help taxpayers and accountants know what agency officials are working on.

In addition to the insurance definition and hybrid plan projects, both initiated as a result of the enactment of the Pension Protection Act of 2006, the IRS is developing guidance on automatic retirement enrollment programs, guidance on incidental health insurance benefits provided under profit-sharing plans, and guidance on pension plan mortality tables for disabled individuals.

The complete IRS “to do” list is on the Web