Income that is "constructively received" is considered income for a cash
basis taxpayer.
From: vpFREE@yahoogroups.com [mailto:vpFREE@yahoogroups.com]
Sent: Tuesday, February 16, 2016 12:07 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Bob Dancer's LVA Column - 16 FEB 2016
If you're doing the cash method of accounting, stuff counts when it gets
converted to cash.
Cash method of accounting - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Cash_method_of_accounting
Cash method of accounting - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Cash_method_of_accounting The cash method of
accounting, also known as cash-basis accounting, cash receipts and
disbursements method of accounting or cash accounting (the EU VAT directive
vocabulary Article 226) records revenue when cash is received, and expens...
View on en.wikipedia.org
https://en.wikipedia.org/wiki/Cash_method_of_accounting
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Posted by: "Randy Cowdery" <randyc@alumni.ucla.edu>
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