A growing number of guidance items and recently issued Chief Counsel Advice suggest the IRS is continuing to move toward viewing gross income and related deductions jointly as one item in determining whether an accounting practice constitutes a method of accounting or an error.
Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/HqNygB4clVA/Tax_Clinic_13.aspx
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