'The aerial view can be difficult. The information is difficult to draw because there is so much information with lots of windows, park areas and buildings. 'I like London landmarks like the Houses of Parliament, St Paul's and Tower Bridge.
Step 1. File profit or loss from business on Schedule C. As a member of an LLC, you must report business income on Schedule C to Form 1040. This form contains lines that help you calculate your profit or loss and deduct appropriate expenses.
LLC Income Statement. Your LLC reports its performance on its profit-and-loss, or income, statement. The income statement shows the sales, expenses and resulting profits or losses your company generates during a specific period, often a month or a year. Although the income statement shows your LLC's financial performance, your company claims its profits or losses on its tax return.