Sorry, I feel I'm missing something here, but I have a basic situation filing first year corp taxes.
Balance sheets
Assets: Cash $28k
Liability: $55k shareholder loan (one shareholder loaned the money)
.... can't make that balance. The balance sheet was unbalanced the second we paid a bill. We had lots of bills in starting off that reduced cash and didn't net any asset changes.
The software is warning me against submitting a return with an unbalance
Thanks
Chris