Torosyan and Razani1 said that the Tax Cuts and Jobs Act amended Sec. 451 to allow accrual-basis taxpayers to defer recognizing income until it is considered in their applicable financial statements. This rule eliminates some book-tax timing differences regarding unearned revenue. also known as deferred revenue. https://countryscenesaddleryandpetsuppliers.shop/product-category/saddle-pad/