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Augustus1 Augustus1
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Posts: 1894
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7 years ago
One criterion which will permit a deduction for an expenditure by the accrual-basis taxpayer prior to economic performance is that the amount is not material or the earlier accrual of the item results in a better matching of income and expense.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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MsLippyMsLippy
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7 years ago
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Augustus1 Author
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7 years ago
I'm forever indebted to you!

THANKS
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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