The following is a comparison of the two primary accounting methods (Cash method and Accrual method) used to calculate taxable income for U.S. Federal income taxes. According to the Internal Revenue Tax Code, a taxpayer may compute taxable income using any of the following methods of accounting: The cash receipts and disbursements method;An accrual method;Any [...]

Bring back the 3-Cylinder Cars! The 3-cylinder car. The Geo Metro, the Suzuki Swift, the Subaru Justy. Where are they now? Sure these cars may be small, and scoffed at, but they got 45 to 55 miles per gallon. In their prime these cars were sold as economic alternatives, or cheap cars. Now a 3-cylinder [...]