IRS Releases Priority Guidance Plan
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IRS Releases Priority Guidance Plan

Brownstein Client Alert, October 11, 2019

On Oct. 8, the Treasury Department and the Internal Revenue Service (IRS) released the agency’s Priority Guidance Plan (PGP), which serves as a blueprint for forthcoming regulatory guidance from the agency between July 1, 2019, and June 30, 2020.

In addition to prioritizing the Tax Cuts and Jobs Act (P.L.115-97), the IRS will also focus on the recently enacted Taxpayer First Act (P.L.116-025) and on deregulatory policies described in Executive Order 13789 (82 FR 19317).

The 2019-2020 PGP contains 203 guidance projects, of which 31 items have already been released. Click here for select items from the 2010-2020 PGP. A full copy of the plan is attached and can be accessed here.


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