Re: [SL] Corporate taxes account?

[Rich S. <rsh...@ap...>]

On Wed, 10 Oct 2007, Stuart Luppescu wrote:

> This should be a quick one: In what account do I put the corporate income
> taxes that the company pays? It would not be correct to put it in 5510 -
> Inc Tax Exp - Federal, right? (That's where employee Social Security and
> Medicare taxes get taken out of.) Should I just make a new account, such
> as 5570 - Corporate Income Tax - Federal?

Stuart,

   This is a question that your accountant should answer for you.

Rich

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