Hello - I am a qualified MTM TTS (I submitted for 475 election in 2022) and I have changed my accounting method to 3115 when my CPA filed my taxes last year in 2023.
now in 2024, I wanted to know if I need to submit a 3115 form again to change my accounting method? Is this something I have to submit every year? or is it only once I need to submit it?
thank you!