Candice Purchases $500 worth of supplies from a local vendor.
January 6th, 2018
Candice Purchases $500 worth of supplies from a local vendor. the supplies are delivered on May 30,2014. The supplies are fully used up by year end. Because of unusual circumstances, a bill for the supplies arrives form the vendor on Jan 2, 2015, and is promptly paid. When can Candice deduct the expenses?.1 IN 2014, if she is an accrual basis tax payer2 IN 2014 if she is a cash basis taxpayer