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Posts in category Income Statement

Missouri does not mail Form 1099-G

Missouri does not mail  Form 1099-G
Tweet The Missouri DOR is not mailing Form 1099-G. Missouri is now providing 1099-G information online over a secure server that is available anytime. Form 1099-G reports the amount of refunds, credits and other offsets of state income tax during the previous year that must be reported on your federal income tax return if you itemized your [...]

The Income Statement (Profit & L...

The Income Statement (Profit & Loss) Part 2
Tweet It has come to my attention that many of you could use some help in understanding how to use your Profit & Loss effectively in managing your business. Even more so, Some of you may not even know that this is a tool to use in managing your business. So here is just exactly what the Profit & Loss Statement is good for. The Profit [...]

The Income Statement (Profit & L...

The Income Statement (Profit & Loss) Part 1
Tweet The Income Statement is one of the three main financial statements. (The other two being the Balance Sheet and Cash Flow Statement.) The important thing to remember about an income statement is that it represents a period of time. As opposed to the balance sheet, which represents a single moment in time. The income statement is sometime [...]

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