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cash basis tax reporting

October 27, 2016 • john church • Log In to Post Comments

In 2015 congress released proposals limiting the use of cash basis reporting for all  s-corps with gross receipts in excess of $ 10 million dollars , including those without inventories.The proposals did not pass. Is congress revisiting this issue ? 

 

 

 


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John,

We are unaware of whether Congress is revisiting this issue.

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