Under the new law (after 12-31-17) its 25,000,000 (average annual gross receipts do not exceed 25 million for the three prior tax years).
The same exceptions from the required use of the accrual method still apply.
Vincent J. Preto, CPA
Senior Partner
Wagner & Zwerman LLP
201 Old Country Rd. Suite 202
Melville, NY 11747
Tel. (631) 777-1000 Ext. 340
Fax (631) 777-1008
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