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Nonaccrual-Experience Method of Accounting Under Section 448(d)(5)

tax-irs · IRS · Rule · Published 2006-09-06 · Effective 2006-09-06 · 71 FR 52430

Document

Document number
06-7446
Federal Register citation
71 FR 52430
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2006-09-06
Effective date
2006-09-06
Treasury docket
TD 9285

Abstract

This document contains final regulations relating to the use of a nonaccrual-experience method of accounting by taxpayers using an accrual method of accounting and performing services. The final regulations reflect amendments under the Job Creation and Worker Assistance Act of 2002. The final regulations affect qualifying taxpayers that want to adopt, change to, or change a nonaccrual- experience method of accounting under section 448(d)(5) of the Internal Revenue Code (Code).

Source

Authoritative
Federal Register document
Machine
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