{
  "id": "EXEMPT_SMALL_BIZ_INVENTORY_ACCOUNTING",
  "name": "Small Business Inventory Exemption",
  "category": "other",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Taxpayer must meet the gross receipts test of section 448(c) (generally average annual gross receipts of $25 million or less, adjusted for inflation) and not be a prohibited tax shelter.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Exempts qualifying small businesses from complex inventory accounting rules, allowing them to treat inventory as non-incidental materials and supplies or follow financial statement methods.",
  "irc_reference": "IRC §471",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}