Tag: cash basis accounting
Tax Accounting Methods Modified under the Tax Reform Bill
June 06, 2018 | BY Esther Wolman
The Tax Cuts & Jobs Act (TCJA) involves several changes to the rules governing choice of accounting method for businesses.
Specifically the gross receipts threshold for Cash Basis Accounting has been raised. The details and qualifications for this law change are outlined below. (more…)
tax - tax reform - cash basis accounting
