IRS is Encouraging Business Taxpayers, Associations and Other Interested Parties to Submit Tax Issues for the Industry Issue Resolution Program

Tuesday, March 8, 2005 - 8:00AM

The Internal Revenue Service (IRS) is encouraging business taxpayers, associations and other interested parties to submit tax issues for the Industry Issue Resolution (IIR) Program by March 31, 2005. The objective of the IIR program is to resolve, through new and improved guidance, business tax issues in situations where the tax treatment is uncertain, frequently disputed or burdensome and that are common to significant numbers of taxpayers. For each issue selected, an IIR team of IRS and Treasury personnel, whose goal is to recommend guidance to resolve the issue, gather relevant facts from taxpayers or other interested parties. All requests received by March 31, 2005, will be considered for IIR project selections that are expected to be included in the 2005-2006 Treasury and IRS Guidance Priority List. Click here for IIR project submission procedures and selection criteria.

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