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Timeline for Multi-year profit/tax question

Current License: CC BY-SA 3.0

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Jul 16, 2013 at 5:07 vote accept Erik Funkenbusch
Oct 16, 2012 at 18:01 comment added littleadv @MystereMan no, its not "deferring" revenue to the future, its applying loss to the past. But depending on your accounting methods and accountants, you can do some planning to mitigate problems ahead of time.
Oct 16, 2012 at 17:54 comment added Erik Funkenbusch So what you're saying is that you can effectively defer revenue from a previous year to the next year to cover an expected (or realized) loss?
Oct 16, 2012 at 17:40 history answered littleadv CC BY-SA 3.0