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Update on Automatic Changes in Accounting for Employee Bonuses under Revenue Procedure 2008-52
Deloitte via BenefitsLink 
[Guidance Overview] Sept. 23, 2008
Excerpt: IRS Revenue Procedure 2008-52 created a new automatic accounting method change for certain employee bonuses effective for change requests filed on or after August 18, 2008 for a year of change ending on or after December 31, 2007. At the time, it was not clear whether the IRS would allow automatic changes under the revenue procedure when an employer had been taking deductions under an impermissible accounting method. IRS officials have now indicated that they will allow automatic changes under Revenue Procedure 2008-52 in certain common situations.
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