What should a contractor request on accounting methods?

Request a contract inventory with tax year, commencement/entry dates, expected duration, contract type and current method. Ask which facts support an exception and whether a formal method change is needed. The current IRS bulletin discusses both construction treatment and method-change procedures; it is a professional reference, not a self-executing permission to choose whichever result looks best. IRS — Internal Revenue Bulletin 2026-39: Accounting method guidance

This desk covers construction businesses, including contractors building residential projects. It does not turn the research into personal homeowner or landlord tax advice.