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Government updates procedures to change R&D, income recognition, and inventory methods in new Rev. Proc. 2024-23 | Eversheds Sutherland (US) LLP

Government updates procedures to change R&D, income recognition, and inventory methods in new Rev. Proc. 2024-23 | Eversheds Sutherland (US) LLP
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Government cleans up List of Automatic Changes in Rev. Proc. 2023-24 | Eversheds Sutherland (US) LLP

On June 15, 2023, the IRS released Rev. Proc. 2023-24, List of Automatic Changes, which provides an update to the list of tax accounting method changes a taxpayer may file under the. ....

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Summary of IRS Tax Guidance for the Week of June 12

McDermott Will and Emery summary of significant Internal Revenue Service IRS guidance and relevant tax matters for the week of June 12 2023 through June 16 2023. ....

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New Year, New Uncertainties: Estate Planning Changes on the Horizon | Lasher Holzapfel Sperry & Ebberson PLLC

With Democrats gaining control of the White House, the House of Representatives, and, albeit somewhat tenuously, the Senate, there is a growing possibility of legislative changes to the. ....

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