Filings and Formations
How many days does it take to open an LLC in Wyoming
Same Day
By what date must most U.S. businesses file their federal income tax return annually?
April 15
What are the three main financial statements that bookkeeping helps prepare?
Income Statement, Balance Sheet, and Cash Flow Statement.
This form is used to gain authorization to contact the IRS on behalf of the client
Form 8821
This senior engineer is in charge of the client doola dashboard
Vlad Tatarin
This popular state is considered to have one of the most business-friendly laws
Delaware
In 2025, the IRS will open their doors to tax filings on this date:
January 27th
What are the two main methods of bookkeeping?
Cash basis and accrual basis.
Service Legel Agreement - reply and resolve the same day
What is one of the biggest pain points doola solves for entrepreneurs?
Navigating state filings and compliance requirements
This is the major advantage of forming an LLC for a small business owner.
Limited personal liability or protected personal liability
What is the primary financial document that tracks a company’s income and expenses?
Income Statement (or Profit & Loss Statement)
What is the term for a detailed list of all the transactions made by a company?
General Ledger.
doola provides support via these channels
Live Chat, Email, Support Form
Name 4 doola company values
- Communicate with candor
- Be trustworthy and always ready to help
- Urgency and focus to execute
- Strong opinions, loosely held
What document is typically filed annually to maintain an LLC’s active status with a state?
Annual Report
What is the IRS form number most commonly used for filing small business tax returns for LLCs?
Form 1065 (for partnerships) or Schedule C (for single-member LLCs)
What does "accounts payable" represent in bookkeeping?
Money the company owes to suppliers or vendors.
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Ecommerce clients
What’s one key difference between a C-Corporation and an S-Corporation?
Taxation (C-Corps are taxed separately; S-Corps pass income to shareholders)
This year doola will start to support the following Tax Form offering for our clients
Schedule C
Doola supports bookkeeping migrations from these 3 platforms
Xero, Quickbooks, Bench
What does "FRT" and "TTC" measure in customer care?
"First Response Time" and "Time To Close"
Doola's Annual recurring revenue is about