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Checklist for Small Business Startups

SMBAccountant

Are you a small business owner seeking expert guidance on accounting practices? Navigating the complexities of financial management is crucial to the success of any business. Financial Statements Once accounting software has been implemented, it is important to understand the different financial reports.

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AICPA Dealership Conference – Updates and Takeaways

Withum

LIFO The Last-In First-Out inventory method is a common inventory valuation method used by many dealerships that can help taxpayers lower their income tax for a period of time. In order to use the LIFO method, a taxpayer must file Form 970 with their tax return to make the election. NADA is optimistic that the bill will Pass.