Tuesday, July 10, 2012

Nonaccrual-Experience Book Safe-Harbor Method

Taxpayers generating revenues from services may now be able to use the nonaccrual-experience book safe-harbor method to exclude qualifying uncollectible revenues from taxable income.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/Xxbv_Vy91oU/clinic-story-07.aspx

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