Washington Tax Alert January 2, 2014 (User fees for ruling requests and accounting method changes)
Washington Tax Alert from Don Barnes, [email protected]
January 2, 2014
The Internal Revenue Service announced today changes in certain user fees for ruling requests and changes in method of accounting. Rev. Proc. 2014-1.
Effective February 5, 2014, the user fee for most private letter rulings will be increased from $18,000 to $19,000. On that same date, the user fee for 9100 ruling requests will be reduced from $10,000 to $6,900.
The user fees for advance consent accounting method changes and changes in annual accounting periods will remain the same at $7,000 and $2,700, respectively.
Law Offices of Donald A. Barnes, PLLC
818 Connecticut Avenue, N.W.
Washington, DC 20006
E-Mail: [email protected]