Close Close
ThinkAdvisor

Regulation and Compliance > Federal Regulation > IRS

Set IRS Priorities

By staff Writer

X
Your article was successfully shared with the contacts you provided.

The Internal Revenue Service wants to know what you want to know.

The agency is asking members of the public to make recommendations for entries on its 2010-2011 guidance priority list, according to IRS Notice 2010-43.

Suggestions for the original list are due June 11.

The IRS will consider factors such as whether the recommended guidance resolves significant issues relevant to many taxpayers; whether the recommended guidance promotes sound tax administration; whether the recommended guidance can be drafted in a manner that will enable taxpayers to easily understand and apply the guidance; whether the IRS can administer the recommended guidance on a uniform basis; and whether the recommended guidance reduces controversy and lessens the burden on taxpayers or the IRS.

More information about submitting IRS guidance priority suggestions is available here.

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.