By Pension and Benefits Editorial Staff
The IRS and the Treasury Department have released the second quarter update to the 2019-2020 Priority Guidance Plan, which includes numerous employee benefit items. The 2019-2020 Priority Guidance Plan contains guidance projects that the IRS hoped to complete during the twelve-month period from July 1, 2019 through June 30, 2020. The Priority Guidance Plan contained 203 guidance projects, 31 of which had been completed on or before September 30, 2019. The second quarter update to the 2019-2020 plan reflects 40 additional projects which have been released during the period from October 1, 2019 through December 31, 2019.
Source: IRS 2019-2020 Priority Guidance Plan, updated as of December 31, 2019, released March 6, 2020.
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