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Administrative, Procedural, and Miscellaneous

administrative , Procedural, and Miscellaneous 26 CFR : Changes in accounting periods and method of accounting. (Also: Part I, Sections 446, 451; ) Rev. Proc. 2018-29 SECTION 1. PURPOSE This revenue procedure provides new procedures for taxpayers changing their method of accounting for the recognition of income for federal income tax purposes to a method for recognizing revenues described in the new financial accounting standards issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) (New Standards).

Administrative, Procedural, and Miscellaneous . 26 CFR 601.204: Changes in accounting periods and method of accounting. (Also: Part I, Sections 446, 451; 1.451- 1.)

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