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STATE OF MICHIGAN BEFORE THE MICHIGAN PUBLIC SERVICE COMMISSION ***** In the matter of the application of)) of the reconciliation of its 2009 storm and nonstorm) restoration expense tracking mechanism
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Form reconciliation is a document used to compare two sets of records to ensure accuracy and consistency, often related to financial statements or tax filings.
Businesses and individuals who need to report discrepancies between their financial records and what has been filed with tax authorities or other regulatory bodies are required to file a form reconciliation.
To fill out the form reconciliation, gather relevant financial records, compare them against the data reported to the tax authority, and document any discrepancies. Fill in the required fields accurately, ensuring all sections are complete.
The purpose of form reconciliation is to identify and correct discrepancies between internal financial records and external reports to ensure compliance with tax laws and improve accuracy in financial reporting.
The information that must be reported includes details of the financial discrepancies, supporting documentation, identification of parties involved, and any adjustments made to reconcile the differences.
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