Blog

Senators Express Concern about Accrual Accounting Proposal

{ on Friday, August 8, 2014 in Business Consulting, Tax Planning & Consulting, Uncategorized } New York (August 7, 2014)   By Michael Cohn Nearly half the members of the U.S. Senate have signed a letter expressing concern about a tax reform proposal to require the use of accrual accounting and are urging the leaders of the Senate Finance Committee to preserve the option of the cash method of accounting {…}