<p>Practice Unit Covers Reseller’s UNICAP Cost Calculation</p>

Practice Unit Covers Reseller’s UNICAP Cost Calculation

Internal Revenue Service

The IRS has issued a practice unit that provides guidance on reviewing a reseller’s uniform capitalization cost computations under section 263A, focusing on the costs a reseller must capitalize to inventory.

<p>The IRS has issued a practice unit that provides guidance on reviewing a reseller’s uniform capitalization cost computations under section 263A, focusing on the costs a reseller must capitalize to inventory.</p>