Nearly Half of U.S. Senators Sign Letter Expressing Concern about Accrual Accounting Proposal

The CPA Advocate: August, 2014.� Forty-six U.S. Senators signed a recent letter to Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Ranking Member Orrin Hatch (R-Utah) encouraging them to preserve the ability of CPA firms and other businesses to use the cash basis of accounting for tax

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