In early May, the Treasury Dept. and the Internal Revenue Service (IRS) published the attached Notice 2023-36 inviting public comments on items to be included on the 2023-2024 Priority Guidance Plan.
Background
The Priority Guidance Plan is used by the IRS and Treasury Department each year to identify and prioritize tax issues to be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance.
The 2023-2024 Priority Guidance Plan will identify guidance projects that the Treasury Department and the IRS intend to actively work on as priorities during the period from July 1, 2023, through June 30, 2024. Recommendations for guidance items to be included in the initial iteration of the 2023-2024 Priority Guidance Plan are requested to be submitted by June 9, 2023.