Treasury
3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp 3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp 3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp 3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp 3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp 3-MO 3.95% +1bp 6-MO 4.01% +1bp 1-YR 4.17% +2bp 2-YR 4.43% +4bp 3-YR 4.49% +5bp 5-YR 4.61% +4bp 7-YR 4.71% +3bp 10-YR 4.83% +3bp 20-YR 5.28% +2bp 30-YR 5.28% +3bp
US Treasury par yield curve · Sep 9 · Source: U.S. Treasury
Wednesday, September 9, 2026
U.S. Edition
MONEY & WORLD
Subscribe
Accounting methods

IRS gives residential builders a new automatic accounting method change under section 460

Money & World
The Editorial Team ·
The courtyard and fountain inside the Internal Revenue Service Building in Washington.
Photo: Carol M. Highsmith / Wikimedia Commons (Public domain)

Revenue Procedure 2026-32 gives taxpayers a new automatic accounting method change for residential construction contracts entered into in taxable years beginning after July 4, 2025.

The change carries number 275.

It covers a move from percentage-of-completion or the percentage-of-completion/capitalized-cost method to an exempt contract method. It also covers builders that must start capitalizing costs under section 263A because their contracts do not meet section 460(e)'s time and gross-receipts tests.

The change is made on a cut-off basis. No section 481(a) adjustment is allowed or required.

The procedure also waives two automatic-change eligibility rules for specified domestic and foreign research expenditure changes in taxable years beginning before 2028. Most provisions apply to Forms 3115 filed after September 4.

The document: Internal Revenue Service, Revenue Procedure 2026-32, September 4, 2026.

More on Accounting