financial statement and tax return preparation to increase cash liquidity of business with little tax implication. current business 2011 : I want to have consolidated line of credit upto 300K.
here is my 2011 tax return at a glance :
total asset 146047gross receipt :(NNN) NNN-NNNNbr />cost of good : 1,654,065goss profit : 137007other income 2810total income 139817compensation to office 18000rent 552718intrest 2872advt. 2658other deduction 51688total deduction 130496
ordinary business income 9321
OFFICE EXPENSE 2,236.00POSTAGE 503PRINTING 801SUPPLIES 3,601.00TELEPHONE 2,706.00TRAVEL 1,369.00UTILITIES 8,632.00WORKERS COMPENSATION 2,503.00LOTTO SERVICE CHARGES 1,632.00AUTO INS 985