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The reason ... ... clients' presentation and completeness of information. What Happens If You File a Business Income Tax Return After September 15_ I am looking for an QBO bookkeeper to assist me in reconciling my QBO accounts each month. If you are a Sole Proprietor, you must file Schedule C, Profit or Loss From Business (Sole Proprietorship). And if you are a Sole Proprietor whose business involves sale of a product, you must complete Part III of Schedule C, Cost of Goods Sold. The purpose of this article is to help you with this all-important task, because it is likely that Cost of Goods Sold is one of the largest expenses (if not the largest expense) in your business.
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