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Date Event Cite 1/1 Tax Liability Date 137.075, 137.080 3/1 Preliminary Book Taxpayer Assessment Lists Due 137.243 137.280, 137.345 3/15* Clerk provides values to political subdivisions 137.243 (137.180)
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A preliminary book is a financial document used to provide an initial overview of a company's financial status, typically required for new businesses or during specific regulatory processes.
Generally, new businesses, startups, or any entity that is undergoing a formal registration process with a regulatory authority is required to file a preliminary book.
To fill out a preliminary book, one must gather all relevant financial data, such as capital contributions, initial expenses, and projected revenues, and input this information into the required format, ensuring accuracy and compliance with any guidelines provided by regulatory bodies.
The purpose of the preliminary book is to present a clear and organized financial picture of a business in its early stages, which can be used for approvals, funding applications, and regulatory reviews.
The preliminary book must report information including initial capital investment, anticipated expenses, revenue projections, business objectives, and any financial forecasts relevant to the business plan.
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