The Internal Revenue Service said it is encouraging business taxpayers, associations and other interested parties to submit controversial tax issues to its Industry Issue Resolution Program.
The submissions can be made anytime, but the IRS said that issues submitted by March 31 would receive consideration in April. Some of the recent submissions to the IIR Program included questions about how integrated public utility companies could compute their qualified production activities income and about the proper treatment of the dollar-value last-in-first-out inventory method for pooling purposes of crossover vehicles that have the characteristics of trucks and cars.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access