SECTION 5. ACCOUNTING METHODS AND PERIODS

Statute or Regulation Act Postponed 1. Chapter 1, Subchapter E of the Any act relating to the adoption, election, retention, or change of any Code accounting method or accounting period, or to the use of an accounting method

or accounting period, that is required to be performed on or before the due date of a tax return (including extensions). Examples of such acts include (a) the requirements in Rev. Proc. 2002–37, 2002–38, and 2002–39 that Form 1128, Application to Adopt, Change, or Retain a Tax Year, be filed with the Director, Internal Revenue Service Center, on or before the due date (or the due date including extensions) of the tax return for the short period required to effect the change in accounting period; and (b) the requirement in Rev. Proc. 2002–9, 2002–3 I.R.B. 327, section 6.02 (3) that a copy of Form 3115 must be filed with the national office no later than when the original Form 3115 is filed with the timely filed tax return for the year of the accounting method change.

2002–46 I.R.B. 851 November 18, 2002