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    • Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. View more ProConnect Hot Topics here.
    Created with Sketch. Intuit Biz e-filing closure on December 21 at 6:00PM PST. View more ProConnect Hot Topics here.

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    Re: Can my client deduct inventory/COGS paid for in 2019 if her business did not open until 2020? She wants to elect cash basis accounting and not track inventory.
    • Author : IRonMaN
    • Cheers : 7
    • Board : ProConnect Tax Discussions
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