KPMG has made available for download their article, “IRS Priority Guidance Plan 2021-2022—exempt organization projects,” which discusses projects that directly affect exempt organizations and tax-exempt bonds. The abstract is as follows:
The U.S. Treasury Department and IRS on September 9, 2021, released the 2021-2022 Priority Guidance Plan.
The Priority Guidance Plan (PGP) is used each year to identify and prioritize tax issues to be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance.
The 2021-2022 Priority Guidance Plan [PDF 253 KB] identifies guidance projects that the IRS and Treasury Department intend to work on as priorities during the 12-month period from July 1, 2021, through June 30, 2022. There are 193 guidance projects on the 2021-2022 priority guidance plan (PGP).
To see the full article, click: “IRS Priority Guidance Plan 2021-2022—exempt organization projects“.
Posted by Jessica Ji, Associate Editor, Wealth Strategies Journal.