SECTION 2. BACKGROUND

Internal Revenue Bulletin 1998-22 · 2026-10-03 edition · updated 2026-10-04 · United States

.01 Change in method of accounting defined .02 Method changes initiated by the Service .03 No right to retroactive method change .04 Service ordinarily will not initiate a taxpayer favorable method change .05 Method change with a § 481(a) adjustment

(1) Need for adjustment (2) Adjustments attributable to pre-1954 years (3) Adjustment period .06 Method change using a cut-off method .07 Previous method change without consent .08 Penalties

Get a plain-English answer with a citation back to this text.

Ask AI about this code

Export this section

▸Contents — Internal Revenue Bulletin 1998-22

Internal Revenue Bulletin 1998-22

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.