Question: On December 1 9 , 2 0 2 3 , Acme Incorporated, an accrual basis corporation, accrued $ 5 0 , 0 0 0 compensation

On December 19,2023, Acme Incorporated, an accrual basis corporation, accrued $50,000 compensation expense for a routine year-end bonus payable to Mrs. Tabor, who is Acme's CFO. Acme paid the $50,000 to Mrs. Tabor on January 15,2024. Which of the following statements is faise?
a. Mrs. Tabor includes her $50,000 bonus in 2024 gross income.
b. If Mrs. Tabor owns no stock in Acme (i.e. is not a related party), Acme can deduct the accrued expense in 2023.
c. If Mrs. Tabor owns 75 percent of Acme's stock (i.e. is a related party), Acme can never deduct the bonus expense.
d. If Mrs. Tabor owns 75 percent of Acme's stock (i.e. is a related party), Acme can't deduct the expense until 2024.
On December 1 9 , 2 0 2 3 , Acme Incorporated, an

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