WHAT IS THE MOST PERTINENT INFORMATION FOR A SMALL BUSINESS OWNER TO KNOW REGARDING US GAAP?

I know the beliefs at the back of it, though have been there any reports as well as statements which I contingency record quarterly or yearly, being the secretly hold company?

Thanks.
A tiny commercial operation shaped as an LLC, to be some-more specific.

{ 1 comment… read it below or add one }

G N A April 16, 2010 at 2:29 pm

It depends on how you have your privately held company formed –
S-Corp, Corporation or LLC.

Hire an accountant to go over the paperwork with you because some forms and financial statements must be filed at different times of the year. If you have employees, that’s another filing date all together for the state.

When you file any paperwork is based on how your company was initially formed, your business documents should state your filing deadlines.

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