Question
The simplified accounting for small business taxpayers, introduced by the Tax Cuts and Jobs Act, allows qualifying small business taxpayers to do which of the
The simplified accounting for small business taxpayers, introduced by the Tax Cuts and Jobs Act, allows qualifying small business taxpayers to do which of the following?
Be exempt from the Uniform Capitalization (UNICAP) rules.
Use the accrual method of accounting.
Use estimated amounts for their recurring expenses.
Waive the recordkeeping requirements for maintaining written records for their business
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Sampling
Authors: Steven K Thompson
3rd Edition
111816296X, 9781118162965
