week 2 discnnn 1
1. What are the tax year options available to a corporation? What about unincorporated companies? Is there a difference and, if so, why? What factors should be considered in electing the tax year?
2. What methods of accounting are available to a small business and to a large business? If the business decides to make an accounting method change, how is this accomplished?
2. Are there any other corporate deductions worth discussing?