REGAL

REGAL 

REP # 9760427                                                     ORDER NUMBER: BUSINESS IN A BOX 
                                                                                                                       $ 19.98


BUSINESS & PROFESSIONAL INCOME TAX
FORM T2125

Business Income Based on FISCAL YEAR.
-IT's Generally --DEC 31st

CASH METHOD

If self-employed commission, you can use the CASH METHOD of Reporting your INCOME & EXPENSES as long as it accurately shows your income for the year.
   
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   ***REPORT INCOME IN THE FISCAL YEAR THAT YOU RECIEVE IT
   ***DEDUCT EXPENSES IN FISCAL PERIOD THAT YOU PAY THEM
   *****KEEP RECORDS OF ALL TRANSACTIONS TO SUPPORT INCOME & EXPENSE CLAIM
   ***KEEP DAILY RECORDS OF INCOME AND EXPENSES
   ***KEEP THEM ORGANIZED & COMPLETE

When you earn income, good records to help identify the source of income.