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Updated over 9 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Waynesville, North Carolina
  • Member since Jul 24, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Waynesville, North Carolina
  • Member since Jul 24, 2014
Connect
Account Closed
  • Investor
  • Waynesville, NC
121
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408
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Tax, SDIRAs & Cost Segregation

IRS Change - Form 3115 (Application for Change in Accounting Method)

Account Closed
  • Investor
  • Waynesville, NC
Posted

I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less deductions. Can anyone elaborate on this? I can post the text of the email if it would help.

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