Category: Income Tax Deferral

Completed Contract Method Income Tax Deferral

Chris Moss CPA Tax Attorney

Submitted by Chris Moss CPA Many real estate developers use the Completed Contract Method (CCM) of income recognition as they develop large tracts of land into buildable lots and ultimately residential housing around the nation. This special method of revenue recognition is allowed for small developers earning less than $10 million who anticipate a 2 …

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