Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
IRS Updates List of Automatic Accounting Method Changes
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe12 JUN 2025 / IRS UPDATES
The IRS has released Rev. Proc. 2025-23, a comprehensive 430-page guide designed to simplify front-end compliance work on Form 3115 for CPAs. Effective from June 9, 2025, the update offers clearer instructions for tax accounting changes, detailing special accounting rules and regulations on a range of topics, ultimately assisting firms in maintaining compliance while aligning tax methods with operational strategies.
Hot off the press, the IRS has dropped Rev. Proc. 2025-23, a 430-page heavyweight update for tax professionals who live and breathe Form 3115. This new guidance, effective for filings made on or after June 9, 2025, applies to tax years ending October 31,...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
Transforming Finance & Accounting Operations for Enterprises!
We help 100+ clients streamline F&A operations with our full-suite outsourcing services-eliminating the need for in-house teams. Partner with us for Top-tier finance & accounting talent, Cutting-edge technology, and World-class infrastructure.
Our Full-Suite F&A Services Include:
We collaborate with CPA and accounting firms to drive real business value.
Schedule a no-obligation discovery callYou’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
