Tax insight

Accounting Methods Spotlight Q3 2025

  • Insight
  • 5 minute read
  • September 30, 2025

This quarter’s Accounting Methods Spotlight features: 

  • Guidance issued on new options for domestic R&E expenditures 
  • IRS narrows rules on “beginning of construction” for wind and solar facilities 
  • Notice 2025-28 simplifies application of CAMT to partnerships 
  • IRS Notices provide 2025 inflation adjustments for energy tax credits 
  • Tax Court holds that EV tax credit allowed only when car first placed into service 
  • Tax Court holds hedge fund’s basket option contracts not options 
  • Tax Court holds AbbVie’s break fee not subject to capital loss treatment  
  • New draft Schedule 1-A, Additional Deductions, allows taxpayers to claim new deductions 

Accounting Methods Spotlight Q3 2025

(PDF of 371.23KB)

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Ed Geils

Ed Geils

Global and US Tax Knowledge Management Leader, PwC US

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