The Internal Revenue Service said it is encouraging business taxpayers, associations and other interested parties to submit controversial tax issues to its Industry Issue Resolution Program.

The submissions can be made anytime, but the IRS said that issues submitted by March 31 would receive consideration in April. Some of the recent submissions to the IIR Program included questions about how integrated public utility companies could compute their qualified production activities income and about the proper treatment of the dollar-value last-in-first-out inventory method for pooling purposes of crossover vehicles that have the characteristics of trucks and cars.

For each IIR issue selected, a team of IRS and Treasury personnel gather relevant facts from taxpayers and other interested parties about the issue and then recommend guidance to resolve the issue.

Requests for guidance can be submitted at any time to the IRS by sending an e-mail message to iir@irs.gov.


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