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Author: BeenFooled Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121326  
Subject: Postponing S-Corp income Date: 9/27/2000 8:05 PM
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I am trying to reduce my tax burden this year by postponing al the income I can to next year. I use cash method of accounting in my S-Corp books.

Would it be legal to hold on to (not deposit) payments I receive in the next couple of months until January, so as to have that income show up in my accounts next year?

Thanks,
BeenFooled
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