Business
Cash Basis Method of Accounting Opens Doors in the Construction Industry
The cash basis method of accounting has been available for small businesses grossing $10 million or less per year, and the threshold has now more than doubled. Today, if a business generates revenue of up to $26 million, it can take advantage of this accounting strategy.
By Stephen J. Slade
March 10, 2020
Topics
Business
by Stephen J. Slade
Stephen J. Slade, CPA, is an accountant at Wouch Maloney, a public accounting and business advisory firm with offices in Horsham and Philadelphia, Pennsylvania and Bonita Springs, Florida.
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