I am studying the tax on Corporation S. On the Schedule L and M. I need to do the balance per books. Its ask whether should I fill out the schedule L and M or not. Since the gross around $400,000.00 minus cost of good sold and expenses $300,000.00 and net is 100,000.00 and total asset around $100,000.00 Should I fill out the Schedule L and M... What is the total receipt? It said total receipt and assets less than $250,000.00 then it not required.
I am studying the tax on Corporation S. On the Schedule L and M. I need to do the balance per books. Its ask whether should I fill out the schedule L and M or not. Since the gross around $400,000.00 minus cost of good sold and expenses $300,000.00 and net is 100,000.00 and total asset around $100,000.00 Should I fill out the Schedule L and M... What is the total receipt? It said total receipt and assets less than $250,000.00 then it not required.
icat09 4 days ago in playlist Small Business Taxes