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Q: Which of the following business documents most likely will contain instructions?
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What is considered legitimate proof of income when filing self-employeed taxes?

Go to www.irs.gov and use the search box for Self-Employed Individuals Tax CenterRecord keepingWhat kinds of records should I keep?You may choose any record keeping system suited to your business that clearly shows your income and expenses. Except in a few cases, the law does not require any special kind of records. However, the business you are in affects the type of records you need to keep for federal tax purposes.Publication 583 , Starting a Business and Keeping RecordsSupporting Business DocumentsPurchases, sales, payroll, and other transactions you have in your business will generate supporting documents such as invoices and receipts. Supporting documents include sales slips, paid bills, invoices, receipts, deposit slips, and canceled checks. These documents contain the information you need to record in your books. It is important to keep these documents because they support the entries in your books and on your tax return. You should keep them in an orderly fashion and in a safe place. For instance, organize them by year and type of income or expense. For more detailed information go to www.irs.gov and use the search box and type Publication 583, Starting a Business and Keeping Records.http://www.irs.gov/publications/p583/index.htmlThe following are some of the types of records you should keep:*.Gross receipts are the income you receive from your business. You should keep supporting documents that show the amounts and sources of your gross receipts. Documents for gross receipts include the following:*. Cash register tapes*. Bank deposit slips*. Receipt books*. Invoices*. Credit card charge slips*. Forms 1099-MISCAnd more information is available below


What financial plan does a farm business and marketing plan contain?

The financial information in a good business plan should contain projections of sales, expenses, taxes & profits for up to 5 years. There should also be a break-even analysis that details at what point the venture crosses the line into profitability.


What are the mechanics of business letter?

The purpose of a business letter is to convey information, make a request or inquiry; a business letter also serves as a physical record of the communication.The format of a business letter is important to obtain the result(s) that you are expecting or require. The following format is designed to direct the recipient to the result you desire:The first paragraph should state why you are writing; that is all.The second paragraph should contain the information needed by the recipient to respond to your inquiry, make a decision, or act on your request. You may include the detriment or benefit that is the basis for your letter, but don't use emotion or opinion, just the information necessary. The second paragraph can be more than one paragraph, and if you have a lot of facts, you can use a bullet format. Use more than one paragraph only if absolutely necessary.The third paragraph is also known as the 'call to act' paragraph. You tell the recipient what you want them to do. Don't leave them to figure that out, they may not see what it is you need or want and do nothing. If you're just informing them of something, not asking for something, then summarize very briefly and thank them. Always thank the recipient, no matter what the nature of your letter.A business letter should stay focused on the point you are making or the result that you intend. It should not contain feelings, beliefs, or assumptions unless those are directly related to the goal of the letter. A business letter should always use the best possible grammar, etc. regardless of how you normally speak to the recipient(s). Always ensure that the letter includes the necessary information for the recipient to respond or contact you.


The liabilities division should contain what accounts?

what liabilities division should contain


What information does a bank see when opening a new account?

Since banking channels are being used by terrorists to convert illegally obtained money into legally accptable money, on recommendations of G8 countries, "Know Your Customers (KYC Norms)" have been introduced in India by the RBI. Accordingly while opening an account, the following PROOF OF DOCUMENTS are to insisted by the commercial banks. 1. Customer Acceptance Policy: According to which no accounts should be opened in ficitious name. Hence the address proof is sought from the prospective applicants before an account is opened. In addition to this, the nature of business activity, location of the customer and his place of business, mode of payment, volume of turnover, financial statements, etc., are also insisted in cases of business people who want to open current account in a bank. 2. Customr Identification Procedure: Documents which help to identify an applicant is sought for identification purpose. These documents should help a bank to identify any customer at any point of time. Hence sufficent information is obtained from the applicants before opening an account. This information will be useful for banks for Risk Profiling the customer based on the expected pattern of transacations. Examples of identification proof are : Voter ID, Passport, PAN Card, Driving License, Identificatiion cards issued by Companies of repute, Ration Card, etc. which contain photos of the applicant as well as residential address. 3. Monitoring Suspicious Transactions: After opening the account, the burden passes on to the frontline banker who is expected to keep a close watch on the transactions of customers and if there is any suspicious transctiions he should bring it to the notice of the Money Laundering Officer at the Controlling Offcice of his bank. If satisfied, the MLO will conduct an investigation into the matter and ascertain if the transaction is a monely laundering one or not. 4. Risk Management: Using different techniques to manage the risks. Normally as per RBI guidelines the customers are grouped into low, medium and high risk customers depending upon their transacations and socurce of income. More concentration will be bestowed on high risk customers by the bank.

Related questions

What business documents most likely would not contain instructions?

E-mail


What do genes contain instructions for?

Genes contain instructions for building proteins.


What are workplace documents?

A workplace document is any document that was created in the workplace or for use in a workplace, that provides steps or instructions to carry out tasks in the workplace, or that contain statistics about a workplace.


What molecule genes contain the instructions for building?

The DNA molecule contains the genes for the construction of protein molecules.Genes contain instructions for building proteins.


What kind of documents are electronic file that contain element that you can select usually by clicking a mouse to open other documents?

HTML documents.


Genes contain instructions fro assembling?

no


What contain instructions for traits?

Alleles


They contain the instructions for building proteins?

RNA strands


What documents contain of magna charta?

Magna Charta is a document.


What does chromosomes do in a animal cell?

They contain instructions portrait and characteristic's.


Is business of business only business?

Business is a vast term and has many things in it . Its is an only business but it contain profit, growth, risk, losses or troubles etc so its is only business but contain every thing.


What is an authorized official's status regarding documents in DTS?

They are Certifying Officers when approving documents that contain payments, and Departmental Accountable Officials at all other times