So, just as an extreme example, if the RS were to have taxable income of $20M this year, all they would have to do is pay Contreras his 2027 $20M on 12/31/2026, and the IRS would accept that the RS had -0- taxable income in 2026?
Or conversely, for GAAP purposes, the LAD could defer everyone's salary until 1/1/27, and show operating income of like $700M? Last time I did this, we had to match our expenses to the period in which the income was earned. And real recently, we still accrued salary expense from the first January payroll.