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Nash Community College Course Syllabus Outline Form Course Prefix and Number: NOS 110 Effective date of use: Fall 2010 Course Title: Operating System Concepts Course Hours: Lecture: 2 Lab: 3 Clan:
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Revised 606 refers to the updated version of form 606 used by certain entities to report information to the Internal Revenue Service (IRS).
Entities that engage in certain reportable transactions are required to file revised 606 with the IRS.
Revised 606 must be filled out accurately and completely, providing all required information about the reportable transactions.
The purpose of revised 606 is to report information to the IRS about reportable transactions in order to ensure compliance with tax laws.
Revised 606 requires information about reportable transactions, including details about the parties involved and the transaction itself.
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