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QBO Transactions
Financial activities recorded in QuickBooks Online, such as sales, purchases, payments, and receipts.
QBO Reports
Financial summaries generated within QuickBooks Online, providing insights into various aspects of a business's financial performance.
LLC
An abbreviation for Limited Liability Company, a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Tax Purposes
The specific reasons or objectives for which tax-related decisions are made, including the filing of returns, claiming deductions, and planning strategies to minimize tax liabilities.
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