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The IRS sets priority guidance plans each year and updates them on a quarterly basis. The IRS uses the priority guidance plan each year to identify and prioritize the tax issues that should be addressed through regulations, revenue rulings, revenue procedures, notices, and other published administrative guidance. The 2014-2015 Priority Guidance Plan will identify guidance projects that the IRS intends to work on actively as priorities during the period from July 1, 2014, through June 30, 2015.