Leaving a Client Check Undeposited Does Not Automatically Defer Income
Cash-method timing considers access to the payment as well as bank posting.
TOPIC COLLECTION
Income timing
A focused reading path from The Profit Planning Journal. Start with the question closest to your situation, then review the linked sources and documentation steps.
Repaying Income From an Earlier Year: Compare the Claim-of-Right Rules Before Amending
A later repayment does not always erase the original year’s income.