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.

Find out more about Business Accounting with LZ Books

Michelle Kaminsky, Esq.

by Michelle Kaminsky, Esq.

Writer and editor Michelle earned a Juris Doctor degree from Temple University's Beasley School of Law in Philad...

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Updated on: October 31, 2023 · 2 min read


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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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