Thursday 11/30/2017
Examining IRS Code Section 460: What You Don’t Know Can Hurt You
Dennis Dlugosz – Director, Corrigan Krause This article was first published in the November 2017 issue of Properties Magazine. With construction accounting, there are a number of allowable choices to consider when determining the correct and most beneficial tax method to use. Under Internal Revenue Code § 460 (460), the percentage-of-completion method (PCM) of accounting […]