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Posted on Sep 30, 2024

On Dec. 1 , 2 0 2 4 , Manufacturer Inc., a calendar - year, cash basis taxpayer, hired Mary's Marketing to provide $ 1

On Dec.

1, 2024,

Manufacturer Inc., a calendar

-

year, cash basis taxpayer, hired Mary's Marketing to provide $

10, 888

worth of marketing consulting services. The service contract was signed on Dec.

1, 2024,

the services were provided in December

2024 .

Mary's Marketing invoiced Manufacturer Inc. on Dec.

28, 2024,

and Manufacturer Inc. paid $

10, 888

to Mary's Marketing on February

1, 2025 .

What is the amount of that Manufacturer Inc. can deduct in

2025 ?

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