IRS Priority Guidance Plan for 2024-2025
The U.S. Treasury Department and IRS released the 2024-2025 Priority Guidance Plan.
The U.S. Treasury Department and IRS today released the 2024-2025 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 2024-2025 Priority Guidance Plan contains 231 guidance projects that are priorities for allocating Treasury and IRS resources during the 12-month period from July 1, 2024, through June 30, 2025. Of these projects, 17 have been released or published as of August 31, 2024.
Treasury and the IRS issued Notice 2024-28 in March 2024 to solicit recommendations for items to be included in the plan.