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IRS Announces Fast-Track Private Letter Ruling Pilot Program

Jan. 14, 2022, 8:37 PM

The Internal Revenue Service on Friday announced an 18-month pilot program to fast-track certain private letter ruling requests.

The agency issues private letter rulings to taxpayers on demand, interpreting tax law and applying it to their specific situations. They are issued when taxpayers request such guidance before they file their taxes.

The agency made the announcement in Revenue Procedure 2022-10, saying the program covered only private letter ruling requests solely or primarily under the jurisdiction of the Associate Chief Counsel, Corporate.

The IRS ordinarily processes requests for letter rulings and determination letters in the order in which they are ...

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