Have you ever thought of an area where you’d like to see the IRS issue guidance? Now is your chance to send the IRS cogent tax items that need clarification.
Today the IRS issued Notice 2006-36 requesting recommendations for the 2006-2007 Guidance Priority List. While any taxpayer can submit anything, in order for your recommendation to be seriously considered, you should ask yourself whether the recommendation:
“1. Whether the recommended guidance resolves significant issues relevant to many taxpayers;
2. Whether the recommended guidance promotes sound tax administration;
3. Whether the recommended guidance can be drafted in a manner that will enable taxpayers to easily understand and apply the guidance;
4. Whether the Service can administer the recommended guidance on a uniform basis; and
5. Whether the recommended guidance reduces controversy and lessens the burden on taxpayers or the Service.”
If you have any ideas that do, submit them to the IRS by May 15th, to:
Internal Revenue Service
Attn: CC:PA:LPD:PR (Notice 2006-36)
Room 5203
P.O. Box 7604
Ben Franklin Station
Washington, D.C. 20044
Here’s the 2005-06 Guidance Priority List. Not everything on the list receives guidance, of course.