On the recordSeptember 13, 2017
Requiring businesses that have operated using the cash method since their inception to suddenly pay tax on money they have not yet collected, and may never collect, is an effective tax increase.
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congress.govRequiring businesses that have operated using the cash method since their inception to suddenly pay tax on money they have not yet collected, and may never collect, is an effective tax increase.
John Thune criticizes proposed tax changes impacting cash accounting for businesses.
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