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Please Provide A Synopsis Of Newly Issued Rev. Proc. 2016-29 Affecting Accounting Method Change Filers.
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

On May 5th, the Internal Revenue Service (hereinafter the “Service”) issued Rev. Proc. 2016-29, which outlines automatic accounting method changes and provides administrative procedures for electing them....   Read More
Did The IRS Recently Issue New Administrative Authority In Connection To Accounting Method Changes?
User Photo Peter J. Scalise
Tax Professional Level: Master Tax Advisor

Yes, on Friday, January 16th of 2015, the Internal Revenue Service issued new administrative guidance in connection to accounting method changes. Revenue Procedure 2015-13 updates and revises the general...   Read More


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