Changing to the cash method of accounting and changing the way you account for inventories have the potential to yield sizeable benefits over time, and manufacturers and distributors could start realizing benefits right away. They can also be powerful tax deferral tools over time.
Ryan is a marketing specialist. He enjoys helping Redpath and Company, Ltd. share the experiences and insights of their many CPAs with audiences in and out of Minnesota. He has been at Redpath and Company since 2017.More posts by Ryan Krym