Introduction›Part III. Administrative, Procedural, and Miscellaneous
SECTION 2. BACKGROUND. . . 11
Internal Revenue Bulletin 1997-21 · 2026-10-03 edition · updated 2026-10-04 · United States
.01 Change in method of
accounting defined . . . . . . . . 11 .02 Securing permission to make
a method change . . . . . . . . . . 12 .03 Terms and conditions of a
method change . . . . . . . . . . . 12 .04 No retroactive method
change . . . . . . . . . . . . . . . . . . 12 .05 Method change with a
§ 481(a) adjustment . . . . . . . 12 (1) Need for adjustment . . . . 12 (2) Adjustment period . . . . . 12 .06 Method change using a
cut-off method . . . . . . . . . . . . 12 .07 Consistency and clear
reflection of income . . . . . . . 12 .08 Separate trades or
businesses . . . . . . . . . . . . . . . 12
(2) Separate Forms 3115 not required . . . . . . . . . . . . . 19 .14 Applicability of Rev. Proc.
97–1 and Rev Proc. 97–4 . . 19 .15 Effect on other offices of the
Service . . . . . . . . . . . . . . . . . 19
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