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Compliance May 5, 2004
IRS, Treasury Update Priority Guidance Plan
May 5, 2004 (PLANSPONSOR.com) - The Internal Revenue
Service (IRS) and Department of the Treasury have released
the third quarterly update to the 2003-2004 Priority Guidance
Plan.
Reported by Eric Hazard
The update adds 36 items of guidance to the original list of 268 projects for the year, and indicates what guidance has already been published. The priority guidance plan was originally released in July 2003.
Of concern to plan sponsors, the update provides release information for guidance on retirement benefits,executive compensation, health care and other benefits, and employment taxes and tax accounting.
Copies of the 2003 -2004 Priority Guidance Plan can be obtained from the IRS Web site at http://www.irs.gov/pub/irs-utl/2003-2004pgp.pdf .