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  2. Income statement - Wikipedia

    en.wikipedia.org/wiki/Income_statement

    The income statement can be prepared in one of two methods. [4] The Single Step income statement totals revenues and subtracts expenses to find the bottom line. The Multi-Step income statement takes several steps to find the bottom line: starting with the gross profit, then calculating operating expenses. Then when deducted from the gross ...

  3. Tax returns in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    Gross income includes most kinds of income regardless of whether the income arises from legitimate businesses. Income from the sale of illegal drugs, for example, is taxable. Many criminals, such as Al Capone, are indicted not only for their non-tax crimes, but for failure to file Federal income tax returns (and pay income taxes).

  4. Types of LLC loans - AOL

    www.aol.com/finance/types-llc-loans-203117374.html

    While you can find LLC loans with bad credit and business loans for new LLC companies, your options get limited with poor credit or a short business history. An LLC loan is a small business loan ...

  5. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. As a business entity, an LLC is often more flexible than a corporation and may be well-suited for companies with a single owner. [5]

  6. Bank statement loan: What is it and who should get one? - AOL

    www.aol.com/finance/bank-statement-loan-one...

    A bank statement loan allows you to apply for a mortgage without having to prove your income via pay stubs, W-2s or tax returns. Instead, lenders use recent bank statements to assess your earnings.

  7. 5 Things Lenders Look for in a Strong Business Loan - AOL

    www.aol.com/5-things-lenders-look-strong...

    Without a solid business loan application, it can be difficult to convince lenders of your business management skills and growth capabilities. 5 Things Lenders Look for in a Strong Business Loan ...

  8. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  9. Personal loans: Are they taxable income? - AOL

    www.aol.com/finance/personal-loans-taxable...

    Interest payments on student loans, mortgages and business loans can be reported as tax deductions. However, personal loan interest payments only qualify as tax deductible under certain circumstances.

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