Government May Have Upper Hand in Moore, but Court May Go Narrow
“The argument that the accrual method of accounting results in the taxation of unrealized income, and therefore would be at risk were the Court to uphold Macomber’s realization principle, simply misunderstands the accrual method of accounting and conflates realization with receipt of cash.”
Mark E. Berg was quoted in the Tax Notes article “Government May Have Upper Hand in Moore, but Court May Go Narrow,” on December 6, 2023.
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