Economic performance: limited relief under Rev. Proc. 92-29.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1992. The length of the article is 2836 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS finalized economic performance regulations by issuing IRC 461(h) and Rev Proc 92-29, granting real estate developers a measure of relief in cost estimation for improvements by permitting the use of the alternative cost method (ACM). In order to use the ACM the improvements must be required by law and not otherwise depreciable. There are also requirements for annual statements and supplemental statements for projects not completed within a specified period.

Citation Details
Title: Economic performance: limited relief under Rev. Proc. 92-29.
Author: Perry Plescia
Publication:The Tax Adviser (Magazine/Journal)
Date: October 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n10 Page: 670(6)

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