April 8 2019

Second quarter update to 2018-2019 Priority Guidance Plan released

Source: IBFD Tax Research Platform News

The US Treasury Department and the US Internal Revenue Service (IRS) have issued the second quarter update to their Priority Guidance Plan for 2018-2019. The second quarter update indicates a release date of 5 April 2019.

The initial Priority Guidance Plan for 2018-2019 contained 239 guidance projects, prioritizing implementation of the Tax Cuts and Jobs Act (TCJA) and also reflecting the deregulatory policies and reforms described in Executive Order 13789 and Executive Order 13777.

The second quarter update to the 2018-2019 plan reflects 38 additional projects which have been published (or released) during the period from 8 November 2018 through 31 December 2018.