The U.S. Internal Revenue Service issued the third quarter update of the 2014-2015 Priority Guidance Plan on 28 April 2015. The guidance covers the 12-month period beginning July 2014 through June 2015 (the plan year). The Priority Guidance Plan is used by the U.S. Treasury Department's Office of Tax Policy and the IRS to identify and prioritize the tax issues that should be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance. It also sets out the schedule for routine publications for each month of the plan year. The third quarter updates include 25 additional projects...