Guidance Released on Procedures for Rulings, Technical Advice

January 5, 2006 – The IRS has issued guidance in Internal Revenue Bulletin (IRB) 2006-1 on procedures for individuals and retirement plans to seek various rulings, opinions and technical advice.

Within IRB 2006-1 are IRS Revenue Procedures 2006-1 through 2006-8, some of which pertain to the issuance of private letter rulings, information letters, plan determination letters, etc.  Others pertain to IRS procedures for issuing advice, identify areas for which the IRS does not intend to issue rulings, explain taxpayer rights, etc.  (The new schedule of IRS user fees described earlier in Latest News is contained in Rev. Proc. 2006-8, also released in IRB 2006-1.) 

IRB 2006-1 may be accessed at http://www.irs.gov/pub/irs-irbs/irb06-01.pdf.