Profit and loss statements for self-employed individuals

You may not have to file a profit and loss statement for your business with any regulatory agency, but there are very good reasons for a self-employed individual to keep one. Here's how and why.

This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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updated November 21, 2023 · 2min read


Michelle Kaminsky, Esq.

by Michelle Kaminsky, Esq.

Freelance writer and editor Michelle Kaminsky, Esq. has been working with LegalZoom since 2004. She earned a Jur...

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