The IRS today released an advance version of Notice 2016-26 that invites comments on recommendations for items to be included in the IRS priority guidance plan for 2016-2017. The due date for recommendations of guidance to be included in the priority guidance plan for 2016-2017 is May 16, 2016.
Notice 2016-26 [PDF 18 KB] explains that the IRS and Treasury use the priority guidance plan to identify and prioritize the tax issues to be addressed through regulations, revenue rulings, revenue procedures, notices, and other published guidance. The 2016-2017 plan will identify guidance projects to be worked on, for the period from July 1, 2016, through June 30, 2017.
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