close
    help! I need help with Accounting Theory!

    I am working on a case regarding OCBOA. The business startup date is Oct.1, but I made business purchases in Sept.(including some non-taxable for which I would now owe sales & use tax). Would my first set of financials cover quarter ending in September, or quarter ending in December? The Dept. of Revenue says that I would file my first sales and use tax return at the end of the quarter that I started business, which would be October. What about the purchases in September? I am terribly confused.

    0  Views: 338 Answers: 1 Posted: 8 years ago

    1 Answer

    Go to the tax dept. show them and let the tax dept. get R done for ya! that way if a screw up ha! no one to blame



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18345 / Questions: 153
    Karma: 1100K
     
    Colleen
    Answers: 47437 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11274 / Questions: 158
    Karma: 827K
     
    Benthere
    Answers: 2275 / Questions: 28
    Karma: 752K
    > Top contributors chart

    Unanswered Questions

    443637
    questions
    714307
    answers
    568761
    users