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Old 01-26-2007, 10:17 AM
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Join Date: Jan 2007
Posts: 19
C Corporation's Initial Tax Return Issues

Its going to be my first year filing for a C Corporation tax return, I need to decide whether to elect an Accrual basis of Accounting or Cash Basis.

Can you explain the advantages or disadvantages of both methods?

Thank you.

PS Site looks very interesting and a dramatic improvement from my last visit.

Keep up the good work..

I have recommended this site to a lot of my friends and my co-workers.



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