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Author Question: All of the following statements are trueexcept: (Read 25 times)

newyorker26

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on: Sep 13, 2020
All of the following statements are true except:
◦ once adopted, an accounting period normally cannot be changed without approval by the IRS.
◦ taxpayers who change from one accounting period to another must annualize their income for the resulting short period.
◦ taxpayers filing an initial tax return are required to annualize the year's income and prorate exemptions and credits.
◦ an existing partnership can change its tax year without prior approval if the partners with a majority interest have the same tax year to which the partnership changes.
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by newyorker26 on Sep 13, 2020

mmpiza

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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newyorker26

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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