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S-Corp cash basis threshold

  • 1.  S-Corp cash basis threshold

    Posted 10-03-2018 15:36
    I am having trouble finding a definitive answer; for companies that don
    not have inventory the cash basis threshold
    was 10 million. Under new law it looks like they raised it to 25 million
    for C corps and partnerships with a C corp.

    Is there a change for S-Corps?

    --
    Perry Paletta CPA
    845.620.1606
    http://www.paletta.net


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