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| FREE NEWS ALERTS A free, comprehensive news service to keep small businesses and independent contractors posted on the latest tax developments affecting their operations.
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Friday, Dec. 28 Business – Cash vs. Accrual Accounting #114Each taxpayer must figure taxable income based on an annual accounting period called a tax year. The calendar year is the most commonly used tax year. Other possible tax years are a fiscal year and a short tax year. Each taxpayer must also use a consistent... Subscribers have free access to the archives. Click here. |
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