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File #114 Platform: ALL Posting Retained Earnings What It Does You must post Retained Earnings to General Ledger after you complete yearend procedures. Unfortunately, the very flexibility of the DAMS
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Platform all posting retained is a report filed by certain information returners to report payments made through a digital platform.
Any entity that operates a digital platform and facilitates transactions between parties is required to file platform all posting retained.
Platform all posting retained can be filled out online through the appropriate tax filing software or service provider.
The purpose of platform all posting retained is to ensure that payments made through digital platforms are accurately reported to the IRS.
Platform all posting retained must include details of all payments made through the platform, including the amounts and recipient information.
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