Finanse publiczne · 27/05/1997

IRS Issues Corrections to Temporary Regulations on Accounting Method Changes and Election Extensions

The IRS has released corrections to temporary regulations (TD 8719) published on May 15, 1997, which address the procedure for requesting a change in accounting method and the standards for granting an extension of time to request a change in accounting method, allowing for a longer filing period for change in accounting method applications with the Commissioner.