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Iso
by AustinC. 05/21/24 05:01 PM
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Re: accounting advice
[Re: Goatkiller]
#3672516
05/17/22 01:46 PM
05/17/22 01:46 PM
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Joined: Mar 2013
Posts: 5,940
alex city
oakachoy
OP
12 point
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OP
12 point
Joined: Mar 2013
Posts: 5,940
alex city
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You have to know what basis you are reporting your taxes on cash vs. accrual. If the taxes are done on a cash basis think about it as simply the ins/outs of your bank account dollar for dollar in cash. What you need to understand is when the cash hit the bank. Was it in December or January. Cash hit in December. Payment was reported in Dec although out payment was Jan
WM Hunter "Trump literally sacrificed himself, his family and all of his businesses for this country.
He literally is a true American hero. And True American Patriot - warts and all."
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