What type of accounting is right for my business?

Category : Accounting & Book keeping
Posted On : 31st Dec 2009

The first decision you must make is the type of accounting method that is right for your business. Accounting methods determine how and when you record your revenue and expenses. The two main types of accounting methods are cash accounting and accrual accounting. Cash accounting is recommended for small businesses. It requires that you record the transactions when you have actually made or received the payments.

Accrual accounting is usually the choice for large entities. With this accounting method, you record each transaction as it occurs, whether or not you have actually made or received the payments. You may choose to use a mix of the two accounting methods. For example, you may use accrual accounting to record revenue and cash accounting when recording bill payments. You must choose one of these accounting types the first time you file a tax return.

We help you choose between the accounting method depending upon your business structure, size of your company and volume of transactions your company is undertaking.
 

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donnatollefson

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Received a State of Wisconsin Dept. of Financial Institutions DELINQIUENT notice of annual report filing requirement. Please send me a paper copy in order for me to pay the balance due. I am not able to pay on line. Donna Tollefson Lake Beauregard Association, LTD. 11666 Beauregard Lake Road. Solon Springs, Wi. 54873 Thank you! Donna Tollefson

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Reply from: infotaxsquare.com | 2018-02-14

We are not the state of Wisconsin.

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Jeff Williams

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I never done a annual report, do you offer instruction on how to do an annual report?

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Reply from: infotaxsquare.com | 2015-03-26


Do an Annual Report

Jeff Williams,

Thank you so much to choose InfoTaxSquare.com for your business needs. You can either use the following link to file your annual report or call us at 1+(866)754-4460 to place your order over the phone.

https://www.infotaxsquare.com/annual-report.htm

You can also use the following links to see, what our customers say about our professionalism and customer service.

Testimonials:

https://goo.gl/BnNqSd

Rated by BBB:

https://goo.gl/pnnhXL


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Les Witmer

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When is my annual report due for Witmer Insurance Services Inc. 82-0511331

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Reply from: infotaxsquare.com | 2014-02-13


Annual Return Due Date?

Dear Les Witmer,

You can use the following link to find out  due date of your corporation or an llc.

https://goo.gl/AXBkTy

You can also call us at (866)754 4460 to check if your annual report is due now.


Committed to give our users most updated news!
For instant news please subscribe at www.InfotaxSquare.com


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Filing!


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