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in your own words in around 50 (or 50-100) words for each answer. 1. What is a cash-basis taxpayer? 2. Why can a cash basis

in your own words in around 50 (or 50-100) words for each answer. 1. What is a "cash-basis" taxpayer? 2. Why can a cash basis taxpayer not deduct a loss from an uncollected accounts receivable

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