Finanse publiczne · 07/08/2003

Administration Simplification of Section 481(a) Adjustment Periods in Various Regulations; Hearing Cancellation

This document cancels a public hearing on proposed regulations under section sections 263A and 448 of the Internal Revenue Code. The amendments apply to taxpayers changing a method of accounting under the regulations and are necessary to conform the rules governing those changes to the rules provided in general guidance issued by the IRS for changing a method of accounting.