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Which of the following represents the best choice for the new maximum annual average gross receipts threshold on filing with the accrual method of accounting
Which of the following represents the best choice for the new maximum annual average gross receipts threshold on filing with the accrual method of accounting for a C corporation?
A. Gross receipts of less than $5 million
B. Gross receipt of less than $ 10 million
C. Gross receipts of less than $ 20 million
D. Gross receipts of less than $ 25 million
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