The first thing you must ask before considering moving money between two years is what accounting method you are using.
The accounting method you use for your business (cash or accrual) makes a difference in timing of payments and income and in the determination of constructive receipt.
If the paycheck is dated in January, all of the income is considered to have been received in the second year, because the employee did not have receipt of the money in the first year.
But, if the employee had access to the wages in the first year "without substantial limitation or restriction" (remember constructive receipt), even if the check was dated in the second year, all of the money is considered to have been received in the first year.
If there has been a cost-of-living increase during your back pay period, the actual total of your Social Security Disability back pay will be a little less than estimated because not all months will be paid at the current rate.Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. If you are reading this in the fall, or even December it's a good time to think about how you can save money on your business taxes by timing income and expenses. Many businesses have found that they can minimize business taxes year-to-year by considering carefully when to make payments to increase expenses and tax deductions and push receipts to create income at the end of the tax year.For example, this year I am pushing expenses into this year and income into next year. In general, you want to move income into a year of lower taxes and expenses into a year of higher taxes, but this is a big over-simplification.For additional information about cost-of-living increases, see our article Will I Get Cost-of-Living Increases in My Social Security Benefit Check?