The U.S. Treasury Department and IRS released the fourth quarter update to the 2023-2024 Priority Guidance Plan.
The U.S. Treasury Department and IRS released the fourth quarter update to the 2023-2024 Priority Guidance Plan.
The Priority Guidance Plan is used each year to identify and prioritize tax issues to be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance.
The IRS and Treasury Department in September 2023 released the 2023-2024 Priority Guidance Plan, which identifies priority guidance projects during the 12-month period from July 1, 2023, through June 30, 2024. Read TaxNewsFlash
The fourth quarter update to the 2023-2024 plan reflects 39 guidance projects that have been published or released from March 1, 2024, through June 30, 2024—10 of those were additional projects that were not on the initial plan.