Tag: cash method accounting


Choosing the right accounting method for tax purposes

The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method — which is simpler than the accrual method — available to more businesses. Now the IRS has provided procedures … Read More »

August 14th

Tax Cuts and Jobs Act (TCJA), Tax Planning. Comments Off on Choosing the right accounting method for tax purposes

HOBERMAN & LESSER, LLP