Treasury and IRS Priority Plan Highlights Upcoming DOMA and Benefits Guidance

The Department of Treasury and Internal Revenue Service on August 9 released their updated Priority Guidance Plan for 2013-2014. The Plan contains 66 projects relating to retirement benefits, executive compensation, health care and other benefits, and employment taxes that are priorities for allocation of the department’s resources during the period from July 2013 through June 2014. These projects can be found on pages five through nine.

The Plan represents projects the departments intend to work on during the plan year, but that does not mean the project will be completed during that period. The Plan notes that some projects that were on the 2012-2013 Plan have not been included on the 2013-2014 Plan because they are no longer considered priorities for purposes of allocating resources during the 2013-2014 plan year.

Among the new items is the highly anticipated guidance relating to the U.S. Supreme Court’s ruling in United States v. Windsor (determining that Section 3 of the Defense of Marriage Act is unconstitutional). Some of the more familiar (and long-pending) items relate to retirement, health, and compensation issues.

ERIC members can read more here.
The Treasury/IRS Priority Guidance Plan for 2013-2013 is available here.

The 4th Quarter Update to the Priority Guidance Plan for 2013-2013 is available here.