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Accounting Method Changes
Oleh:
Grimes, Scott E.
;
Wiggam, Marilyn K.
;
Sanchez, Victor
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 185 no. 4 (1998)
,
page 65.
Topik:
ACCOUNTING
;
accounting
;
method
;
changes
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.5
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
To the relief of many businesses, new rules now make it easier than ever before for an entity to obtain IRS consent to change its method of accounting for its operations. Revenue procedure 97 - 27, 1997 - 21 IRB, contains the procedures, terms and conditions that apply when taxpayers request permission to make such changes under IRC section 446. It modifies and supersedes revenue procedure 92 - 20, 1992 - 1 CB 685, eliminating many of the complex rules found there. This review of revenue procedure 97 - 27 discusses some of the planning opportunities available to entities considering a change in accounting method.
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