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IRS and Treasury Department Release 2005-2006 Priority Guidance Plan

Tuesday, August 9, 2005 - 7:15AM

The Internal Revenue Service (IRS) and Treasury Department yesterday released their 2005-2006 priority guidance plan, listing the guidance projects the government expects to have completed by June 2006. The plan contains 254 projects, including a general entry for guidance under Internal Revenue Code Section 42 regarding the low income housing tax credit (LIHTC), as well as proposed regulations under Section 42(h) regarding the requirements for a qualified contract. Click here for a copy of the 2005-2006 priority guidance plan.

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