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IRS Issues Quarterly Update of 2003-04 Priority Guidance Plan

Tuesday, February 17, 2004 - 1:45AM

The Internal Revenue Service (IRS) last week issued the second quarterly update of the 2003-2004 Priority Guidance Plan, announcing new projects dealing with consolidated returns, financial institutions, and products and other areas. Assistant Treasury Secretary for Tax Policy Pam Olson, Commissioner of Internal Revenue Mark Everson and IRS Acting Chief Counsel Emily Parker said the update includes 34 items of new guidance, some of which already have been published as part of the government’s "commitment to increased and more timely published guidance." The IRS may also add more guidance during the year even if the plan indicates an item is finished. Click here for an updated copy of the plan.

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