ADMINISTRATIVE

Notice 97–61, page 8. This notice informs the public of the Service’s Year 2000 Date Standard Policy.

Notice 97–67, page 10. Accounting method requests for grace period interest. This notice informs taxpayers that the Service will issue guidance that provides the procedures for a taxpayer to automatically change its method of accounting to comply with section 1004 of the Taxpayer Relief Act of 1997 for the taxpayer’s first taxable year beginning after August 5, 1997. The notice provides that the Service will not grant any requests filed on or after August 5, 1997, to change to a method of accounting for grace period interest other than the method required by section 1004 of the Act.