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What are the rules concerning reporting periods for tax purposes? Multiple choice question. Businesses can file tax returns as often as they want, but must
What are the rules concerning reporting periods for tax purposes? Multiple choice question. Businesses can file tax returns as often as they want, but must report at least once per year. Businesses must file tax returns reporting income and deductions on a quarterly basis. Business must report their income and deductions for a full 12 month year, unless special circumstances apply. A business tax year can NOT consist of a period less than 12 months
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