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April 18, 2008

IRS Seeks Advice From Charities

The Internal Revenue Service is inviting charities to recommend the “tax issues” that the government should focus on over the next year as it issues guidance to help organizations understand federal law.

In a notice published today, the IRS said it it hoped the public would offer suggestions for its annual Guidance Priority List that it uses “to identify and prioritize the tax issues that should be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance.”

The IRS said that the Treasury Department and the revenue service “recognize the importance of public input” so that the government “focuses resources on guidance items that are the most important to taxpayers and tax administration.”

Charities should submit ideas by May 31 for them to be considered for inclusion in guidance the IRS issues from July 1 of this year through June 30, 2009.

— Grant Williams

Friday April 18, 2008 | Permalink

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