The first and most important part of an income tax return is the Declaration of sales revenues. Companies should be consistent from one year to another regarding when they record sales. For some cases, the moment of registration of turnover is a problem especially when the final acceptance by the customer depends on test performance or other conditions that must be met. For example, when an agency advertising turnover for a campaign that he is prepared for its customer? When work is completed and sent to the client for approval? When the customer approves it? When ads appear in the media? Or, when charging is complete? It's issues, a company must decide for the Declaration of sales revenues, and they must be consistent every year and note the time of reporting on the financial statement.

The following line in a tax return is the cost of goods sold fresh. There are three methods of reporting cost of goods sold fresh. One is called "premier-premier out" (FIFO).the "out in the last last", that is another (LIFO) method and the cost of goods sold moyenne.Coût method is fresh is huge in an income tax return and how it has been reported can make a substantial reported bottom line impact.

Other elements in an income tax return includes reductions in asset value. A company must regularly inspect its inventory with care to determine loss of damage, theft and damage and to apply the lower of cost or method (LCM).Bad debts are also an important component of the income tax return.Bad debts are those due to business customers who have purchased on credit (accounts receivable) but won't be pay.Une times more time when reported bad debts is crucial.The report before or after the collection efforts have been exhausted?