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P&L explained analysis Profit and loss explained analysis and reporting has become a required tool for the middle and front office. Brian Hydro of Sirius Solutions looks at what needs to be considered
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SO is a standardized reporting form used by individuals to report their income and expenses for tax purposes.
Any individual who has income that is not subject to withholding or who wants to claim certain deductions or credits must file SO.
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You must report all sources of income, including wages, dividends, and rental income, as well as any deductions or credits you are claiming.
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