đź’¸ How the Cash Method Can Save You on Taxes (Thanks, OBBB)
The IRS just expanded the cash method to nearly every small business under $50 million in revenue. That’s great news. But here’s the better news:
👉 It can save you real money on your taxes.
How? It’s All About Timing
The cash method lets you control when income and expenses hit your books.
So instead of reporting income the day you invoice…
📆 You report it when the client pays.
Instead of deducting expenses when you “owe” the bill…
📆 You deduct them when you actually pay.
That means:
You can push income into next year (legally)
You can pull expenses into this year (strategically)
You can smooth out your tax liability with smart timing
🛠️ Example: Buying a New Laptop
Accrual Method: You order it in December → Deduction may wait
Cash Method: You pay for it in December → Deduction hits this year
Boom. That’s the deduction Hedgi was built to catch.
🎯 Why It Works With Hedgi
Hedgi tracks cash method transactions by default.
No manual journal entries
No “adjustments” needed
Just IRS-aligned categorization and instant deduction tracking
It’s like having a tiny tax pro in your phone.
(Except this one never sleeps, and it doesn’t charge by the hour.)
🦍 Tax Hack Approved
The gorillas love it.
So do accountants.
And now — so does Congress.
If you're using the cash method, Hedgi just became your new best friend.
Try it free and see how easy real-time tax savings can be.