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      Triin Oraste

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      Financial statements are formal records of the financial activities and position of a business, person, or other entity. They provide an overview of a company's

      The importance of accurate financial statements

      Andmerobot
      Financial statements are formal records of the financial activities and position of a business, person, or other entity. They provide an overview of a company's financial condition in both short and long term. A complete set of financial statements typically includes a balance sheet, income statement, statement of changes in equity, cash flow statement, and notes accompanying these statements. Financial statements are crucial for business owners and stakeholders to make informed decisions. They offer insights into the company's performance, financial stability, and cash flow, which are

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      PILVEKONTOR OÜ / Andmerobot

      Maximizing tax returns: expert tips

      One of the most effective ways to maximize your tax return is to take full advantage of tax deductions and credits. These can significantly reduce your taxable
      ssb.ee
      One of the most effective ways to maximize your tax return is to take full advantage of tax deductions and credits. These can significantly reduce your taxable income and, consequently, your tax liability. Business expenses that are considered 'ordinary and necessary' can be deducted to lower your taxable income. These include office supplies, rent, utilities, and salaries. Understanding which expenses are deductible is crucial for any business. Small and medium-sized enterprises (SMEs) may be eligible for various tax credits, such as the Research and Development Tax Credit or the Small

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