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  2. LL Flooring bankruptcy filing includes closing 3 NJ stores - AOL

    www.aol.com/ll-flooring-bankruptcy-filing...

    There are 15 LL Flooring locations in New Jersey, and three of them are closing. A spokesperson for LL Flooring declined to specify the exact closing date beyond the two-month window. 531 High St ...

  3. Partnership accounting - Wikipedia

    en.wikipedia.org/wiki/Partnership_accounting

    Closing process at the end of the accounting period includes closing of all temporary accounts by making the following entries. Close all revenues accounts to Income Summary. Close all expenses accounts to Income Summary. Close Income Summary by allocating each partner's share of net income or loss to the individual capital account.

  4. Cost basis - Wikipedia

    en.wikipedia.org/wiki/Cost_basis

    Basis (or cost basis), as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When a property is sold, the taxpayer pays/(saves) taxes on a capital gain /(loss) that equals the amount realized on the sale minus the sold property's basis.

  5. What is an LLC loan and how does it work? - AOL

    www.aol.com/finance/llc-loan-does-155938785.html

    How much does an LLC cost. LLC costs can vary. Each state charges a fee to file an LLC’s articles of organization. While most states keep filing fees between $50 and $200, an LLC filing fee is ...

  6. Annual report - Wikipedia

    en.wikipedia.org/wiki/Annual_report

    An annual report is a comprehensive report on a company's activities throughout the preceding year.Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance.

  7. NJ small business owner: Murphy must bring back the tax on ...

    www.aol.com/nj-small-business-owner-murphy...

    The $1 billion tax cut to multinational corporations is often pitched as “pro-business” as though it were a universal truth. But when you look at the numbers, a whopping 99.6% of New Jersey ...

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