AICPA Sends IRS Recommendations on Priority Guidance Plan

May 5, 2015

Washington, D.C. (May 5, 2015) – The American Institute of CPAs (AICPA) submitted recommendations to the Internal Revenue Service (IRS) on May 1 about what the AICPA believes should be included in the Service’s 2015-2016 Priority Guidance Plan ( Notice 2015-27). 

The AICPA made recommendations on a wide range of domestic and international tax issues related to individuals, businesses and exempt organizations, including health care, retirement and other benefits; employment taxes; executive compensation; trusts and estates; consolidated returns; corporations and their shareholders; partnerships and S corporations.

The tax issues that are selected by the IRS and the Department of the Treasury for inclusion in the Priority Guidance Plan are the issues that the agencies expect to work on during the period from July 1, 2015 to June 30, 2016.