Bulletin No. 2007-7 February 12, 2007

T.D. 9307, page 470. Final regulations under sections 446(e) and 1016(a)(2) of the Code provide rules for determining which changes in depreciation or amortization are, and are not, changes in method of accounting.

T.D. 9309, page 497. Final regulations under section 6664 of the Code provide circumstances that end the period within which a taxpayer may file an amended return that constitutes a qualified amended return. Qualified amended returns are used to determine whether an underpayment exists that is potentially subject to the accuracy-related penalty on underpayments.

Rev. Proc. 2007–20, page 517. This procedure provides exceptions to the contractual protection filter, which is a reportable transaction under regulations section 1.6011–4(b)(4). Rev. Proc. 2004–65 modified and superseded.