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Tax News & Views - September 4, 2009

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Deloitte ImageAuthor
Tax Policy Group, Deloitte Tax LLP

  • Congress faces extensive to-do list as legislative session enters home stretch – Following their month-long summer recess, Congress returns to Washington on September 8 to resume work on their most controversial priorities – health care and climate change – and address expiring tax provisions and an estate tax fix before the close of the 2009 legislative session.
  • Revenue procedure raises immediate considerations for automatic method changes – The IRS recently released guidance that modifies a number of significant procedures for taxpayers seeking to obtain automatic consent for a change in method of accounting.

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