Choosing the Cash or Accrual Method of Accounting for Your New Business

By |2017-05-24T13:42:07+00:00May 11th, 2016|Categories: Audit & Accounting, Business Advice|Tags: , , , , , |

When you start a business, you have many decisions to make. One very important decision is the method of accounting your business will use for reporting income and expenses on your tax return.  The two methods most commonly used are Cash and Accrual. Cash Method The cash method is the easiest to implement, and is [...]