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Business & farm
Thank you, Thomas. I've had my eBay business since 2019. I've previously entered my COG as expenses, so I don't have a previous years "ending inventory" number. If I want to switch to the accrual method, do I need to notify the IRS? Then I would need to find my 2021 ending inventory total to use as my beginning 2022 inventory? Thank you for your help!
‎February 15, 2023
7:55 AM