Accounting Methods Spotlight Q4 2022

This quarter’s Accounting Methods Spotlight newsletter features:

• IRS requests comments on draft Form 3115 and Form 1098-F
• Rev. Proc. provides annual inflation adjustments for 2023
• Increased renewable electricity production credit amounts released
• IRS requests comments, issues guidance on energy credits
• Tenth Circuit affirms Tax Court decision denying tax benefits for solar equipment investment
• Appeals court considering timing of deduction for deferred compensation liability
• Taxpayer cannot claim Section 199 deduction for online marketplace software
• IRS and Treasury issue 2022-2023 priority guidance plan
• LB&I updates audit techniques guide on tangible property regulations
• Other FTS/STS Insights published in Q4 2022