IRS Aims to Tackle International Issues, Reform Law in New Year

The year ahead will be a busy one for the IRS, as the agency wraps up guidance tied to the 2017 tax law and takes on new projects.

Finishing rules stemming from the tax overhaul was a goal the IRS set for itself in 2020. But the scope of the task—dozens of proposed and final packages—have left some spilling into the new year. And once the IRS checks off tax overhaul guidance, the next focus areas include a top-down agency reform law.

President-elect Joe Biden’s inauguration is putting more pressure on the agency to complete its goal. Biden has ...