November 2012 issue

Accounting Methods Spotlight

This publication provides timely updates on a range of federal income tax issues including accounting methods and inventories, depreciation, long-term contract accounting, leasing, fringe benefits, and other miscellaneous tax issues.

This month's features:

  • 9100 relief may be required for success-based fee safe harbor election
  • Changes in book methods of accounting may give rise to changes in method for tax
  • State law property classifications not determinative for whether property is like kind
  • Taxpayer was securities dealer, may have made unauthorized accounting change
  • IRS grants taxpayer permission to use alternative method of basis recovery

Accounting Methods Spotlight archive