The American Institute of CPAs (AICPA) has submitted comments to the Internal Revenue Service (IRS) setting out recommendations regarding the 2026–27 Priority Guidance Plan.
The submission follows a request from the Department of the Treasury and the IRS inviting public recommendations for items to be included in the plan
The Priority Guidance Plan is updated annually to identify and rank tax issues that should be tackled through regulations, revenue rulings, revenue procedures, notices and other forms of published administrative guidance. The 2026–27 plan will cover projects the Treasury Department and the IRS intend to actively pursue as priorities between 1 July 2026 and 30 June 2027. AICPA recommendations draw on input from ten technical panels.
These panels cover Corporations and Shareholders; Employee Benefits; Exempt Organizations; Individual and Self-Employed; International; and IRS Advocacy & Relations. The panels also cover Partnership; S Corporation; Tax Methods and Periods; Tax Practice Responsibilities; and Trust, Estate and Gift Tax. In its letter, the AICPA asks the Department of the Treasury and the IRS to keep simplification at the centre of future guidance projects.