Question: For choosing or changing an accounting method: Question 4 options: Changing a method seldom requires IRS permission Selecting a method usually requires IRS approval Using
For choosing or changing an accounting method:
Question options:
Changing a method seldom requires IRS permission
Selecting a method usually requires IRS approval
Using a permissible method for tax reporting for two years counts as adopting that method
Permission from the IRS to change from an impermissible method is not required
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