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Form 3115 - Change in accounting method - Smart Accountants

www.smartaccts.com/form-3115-change-in-accounti... - Details

smartaccts: The IRS permits companies to maintain and disclose financial data using either the accrual-based system or the cash accounting method. Business owners can also use both accounting systems concurrently.

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The IRS permits companies to maintain and disclose financial data using either the accrual-based system or the cash accounting method. Business owners can also use both accounting systems concurrently.

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