a new recipe for the secret sauce of success.
by rob nixon
statutory compliance or “have to” annual accounting is mandated by the government as a task you need to do with your clients.
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the main reason the government agencies want you to do this task is so you can accurately (or thereabouts) collect the right amount of money for them. the government agencies are not that interested in the accounting profession.
the secondary reason is to check that your clients are complying with their rules. the government is using you as an intermediary. they are outsourcing their job to you.
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