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Rev. Pro. 201718 SECTION 1. PURPOSE This revenue procedure provides that the last day of the remedial amendment period for 403(b) plans, for purposes of section 21 of Rev. Pro. 201322, 201318 I.R.B.
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Rev Proc 18 section refers to Revenue Procedure 2018-1 which provides guidance on how to request consent to change an accounting method.
Taxpayers who want to change their accounting method are required to file rev proc 18 section.
To fill out rev proc 18 section, taxpayers need to follow the instructions provided in Revenue Procedure 2018-1 and include all the necessary information and attachments.
The purpose of rev proc 18 section is to provide a framework for taxpayers to request consent to change their accounting method in a timely and efficient manner.
The information reported on rev proc 18 section includes details of the current accounting method, proposed accounting method change, reasons for the change, and any relevant financial information.
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