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Can a company accrue an expense to the EPSP but actually pay it in the next calendar year?

April 26, 2017accrue actually calendar COMPANY epsp expense pay year

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Can a company accrue an expense to the EPSP but actually pay it in the next calendar year?

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The Company can accrue the bonus at the end of the corporate year and pay it out within 120 days of the end of corporate year. The individual on receiving this bonus, say, in 2003 would not pay tax on it until April 30th, 2004.