
November 2021
Recently, the U.S. Department of the Treasury and the Internal Revenue Service released their 2021-2022 Priority Guidance Plan (PGP). This plan provides guidance on the range of issues that can have a strong impact on industry groups, taxpayers and tax advisors. With 193 priority guidance projects under the plan, there are a range of sections that cover many different types of organizations and structures, such as partnerships, S corporations, corporations, estates and trusts, gifts, international concerns, benefits to employees and compensation to executives.