EFTA02584983

From: jeffrey E. <[email protected]> Sent: Monday, June 30, 2014 11:47 PM To: Richard Merkin http://www.irs.gov/pub/irs-pdf/i3115.pdf <http://www.irs.gov/pub/irs-pdf/i3=15.pdf> =p>h=tp://www.irs.gov/pub/irs-pdf/f3115.pdf <http://www.irs.gov/pub/irs-pdf/f3115.pdf> Once you have set up your accounting method and filed your first return, you must get IRS approval before you change the method. In general, you must file a current Form 3115 to request a change in either an overall accounting method or the accounting treatment of any item. The following are changes in accounting method that require approval fro= the IRS: Switching from a cash basis method to an accrual basis method; =li>Switching from an accrual basis method to a cash basis method; • =hange in method or basis used to value your inventory; and * A chang= in depreciation or amortization method (exception: some changes in the straight-line method are permitted without permission from the IRS.) When and Where To File Form 3115 =AO please note The information contained in this commu=ication is confidential, may be attorney-client privileged, may cons=itute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use,=disclosure or copying of this communication or any part thereof is stri=tly prohibited and may be unlawful. If you have received this commun=cation in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication =nd all copies thereof, including all attachments. copyright -all rights=reserved EFTA_R1_01764169 EFTA02584983