The IRS recently released two Revenue Procedures (Rev. Procs. 2015-13 and 2015-14) that provide a comprehensive update to
the procedures for filing both automatic and non-automatic
accounting method changes. Rev. Proc. 2015-13 updates and
consolidates the general procedural guidance for automatic and
non-automatic method changes, replacing Rev. Proc. 97-27 (prior
non-automatic procedures) and Rev. Proc. 2011-14 (prior automatic
procedures). Rev. Proc. 2015-14 provides a comprehensive list of
all automatic method changes, including all those that were
formerly included in the appendix of Rev. Proc. 2011-14.
The more than 500 pages of guidance issued by the IRS also make
some changes to when and how taxpayers are eligible to file method
changes, particularly when taxpayers are under exam. For example,
if a method change is filed by a taxpayer that is under exam, there
are only certain circumstances under which audit protection will be
provided. The IRS has changed the
