I have an accountant to file the tax return for my S Corp for the last few years and decided to do it myself with TurboTax software. I realized the info they put on the Balance sheet is not correct. Or I have no idea how they came up with the numbers.
Should I entered the correct numbers this year or followed what was reported on last year's balance sheet for this year? Like use last year-end balances for this year's beginning balance?
