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Change in Accounting Method |
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Change in Accounting Method A change from one accounting method to another, which usually requires prior approval from the IRS. A change generally requires adjustments to avoid omissions or duplications. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| So what's going to happen is a change in accounting methods," the spokesperson continued, adding that now new funds would be Appropriately, the Tax Court determined that there was no change in accounting method because the partnership received a rent credit for the cost of eligible improvements. The court found that the taxpayer's application for a change in accounting method was not clearly indicative of the requested change. |
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