Cash vs. Accrual: An Example
Don’t run! This will be quick and painless. I won’t go into the legal ramifications of cash vs accrual here, but know that you can’t flip-flop between the two, and the IRS has restrictions on who can file as a cash-based business. Rent is a relatable expense, so for this example let’s assume you pay […]
Cash vs. Accrual: An Example Read More »