Madalyn, an individual and cash basis taxpayer, owns 70% of the stock of Kihei Corporation, a calendar

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Madalyn, an individual and cash basis taxpayer, owns 70% of the stock of Kihei Corporation, a calendar year, accrual basis taxpayer. On December 31, 2021, Kihei accrues a bonus for financial statement...

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Madalyn, an individual and cash basis taxpayer, owns 70% of the stock of Kihei Corporation, a calendar

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