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
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E-Mail: [email protected]
Website: www.washingtontaxlaw.com