JD Supra

IRS issues simplified procedures for insurance companies to change methods of accounting to comply with amended Section 846

The Internal Revenue Service (IRS) recently released two revenue procedures that relate to the implementation of accounting method changes as a result of the revisions to Section 846 of the Internal ...
JD Supra

Government updates procedures to change R&D, income recognition, and inventory methods in new Rev. Proc. 2024-23

On April 30, 2024, the Internal Revenue Service (IRS) released Rev. Proc. 2024-23, List of Automatic Changes, which provides the list of tax accounting method changes a taxpayer may file under the IRS ...
Healio

Current method of calculating SSIs underestimates rates of some procedures

Please provide your email address to receive an email when new articles are posted on . The current CDC National Healthcare Safety Network method of calculating rates of surgical site infection, or ...
JournalofAccountancy

New accounting method change procedures give more time to file Form 3115

Taxpayers affected by the tangible property regulations will have more time to file Form 3115, Application for Change in Accounting Method, under Rev. Proc. 2011-14 according to revised procedures ...
Houston Chronicle

The Importance of Standard Operating Procedures in Organizations

Create more structure in your business activities using standard operating procedures (SOPs). Not every organization will benefit from this kind of standardization. It really depends on you, the ...