Keep your accounting information filled and summarized following - TopicsExpress

Keep your accounting information filled and summarized following the tax schedule you will file at year-end. That could be schedule C or an LLC or something else, depending on how you structured your business. If you know you will have to report rent or insurance expenses, for example, then you file these expenses separately. Many businesses enter data in an accounting software, classifying them as they are entered. Make sure that the classifications match your business tax return line items.

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