IRS Seeks Advice on Topics That Require More Explanation

The Internal Revenue Service is asking 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.

The tax agency said 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 administrative guidance.”

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

The IRS added: “Published guidance plays an important role in increasing voluntary compliance by helping to clarity ambiguous areas of the tax law.”