Updated Change of Accounting Methods Revenue Procedure

 The IRS has released its updated guidance containing rules governing a change of accounting method including some that apply in the case of employee benefit plans.

Document Excerpt

This revenue procedure provides the procedures by which a taxpayer may ovtain automatic consent for a change in method of accounting described in the APPENDIX of this revenue procedure.

Link  http://www.irs.gov/pub/irs-drop/rp-08-52.pdf 

 

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