IRS Releases R.P. 2014-54; Extends Deadline To Claim Retirement Loss Deductions!


On September 18, the IRS released an advanced copy of Rev. Proc. 2014-54, which provides guidance on certain changes in method of accounting for dispositions of tangible depreciable property. One of the most notable changes in this 93-page document is that the time for making a late partial disposition election has been extended for one … Read More