Beginning in 2018, the cash method may be used by all taxpayers whose average annual gross receipts for the three prior years do not exceed $25 million.

Name: Beginning in 2018, the cash method may be used by all taxpayers whose average annual gross receipts for the three prior years do not exceed $25 million.
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The Tax Cuts and Jobs Act of 2017 increased the gross receipts threshold for businesses to use the cash method of accounting from $5 million to $25 million, beginning in 2018.

Beginning in 2018, the Cash Method May Be Used by All