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 Form 500 Virginia Corporation Income Tax Return 2024-2025

2024-2025 Form

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Instructions and help about Form 500 Virginia Corporation Income Tax Return

hi my name is karai Bertie I'm a chartered professional accountant serving clients located throughout the GTA in Ontario Canada in today's tutorial video I am going to show you how you can file your own tea to corporate income tax return for your small business generally I would recommend this only if you have a very small business with simple business expenses and no really tax complexities involved let's begin step 1 you need to compile the following basic statements a balance sheet income statement trial balance and general ledger you can use many free online accounting software's which can easily export these statements for you I would recommend using waive accounting for the purposes of this tutorial video i have created sample statements you can see here I have a balance sheet within company name and the year end date the statement details the assets of the company the liabilities and the shareholders equity in addition there is also an income stat

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