by Kevin Jerry | Feb 2, 2023 | Method Change, The Tangible Property Regulations
When and how do you change a method of accounting to use the final tangibles regulations? Under the Internal Revenue Code, a change in the method of accounting is usually a change in the handling of an expenditure. Meaning in the case of the tangible property...
by Kevin Jerry | Nov 16, 2022 | 3115s, 481a, Cost Segregation, Method Change, The Tangible Property Regulations
When a tax method change occurs, whether it is from cost segregation, the Tangible Property Regulations, or any other tax method changes (for which the cutoff method cannot be used), a 481a adjustment must be used. Suppose income for any taxable year is under a...
