All required forms can be completed on-line. Simply fill in your answers and press “submit” at the bottom of each page/form. 
If you would like to print out the page/form, simply right click and select the print option. 

Checklist for Business Tax Return Clients

 

  • General Business Information
    • Legal Business Name
    • Business Type (C-Corp, S-Corp, LLC, Sole Prop)
    • Copy of Articles Incorporation or Articles of Organization
    • Copy of Operating Agreement
    • Copy of CP575 Letter (from IRS, with your EIN)
    • Information on Shareholders / Members / Owners:
      • Legal Name
      • Title 
      • SSN or EIN
      • % Ownership
      • Mailing Address
    • Copy of Accountable Plan (if applicable)

 

  • Income
    • Gross receipts from sales or services
      • Forms 1099-K from your merchant services providers
      • Forms 1099-MISC from your clients or customers
    • Returns and allowances
    • Business checking/savings account interest (1099-INT or statement)
    • Other income

 

  • Cost of Goods Sold (if applicable)
    • Inventory
    • Beginning inventory total dollar amount
    • Inventory purchases
    • Ending inventory total dollar amount
    • Items removed for personal purposes
    • Materials & Supplies

 

  • Expenses
    • Advertising
    • Phones (landline, fax or cell phones related to business)
    • Computer & internet expenses
    • Transportation and travel expenses
      • Local transportation
        • Mileage log
        • Public transportation, parking, and tolls
      • Travel away from home
        • Airfare or mileage/actual expense if drove
        • Hotel
        • Meals, tips
        • Taxi, tips
        • Internet connection (hotel, Internet café etc.)
        • Other
    • Commissions paid to subcontractors
      • File Form 1099-MISC and 1096 as necessary
    • Depreciation
      • Depreciation Schedule From Prior Years (if applicable)
      • Cost and first date of business use of assets
      • Records relating to personal use of assets
      • Sales price and disposition date of any assets sold
    • Business insurance
      • Casualty loss insurance
      • Errors and omissions
      • Other (Itemize)
    • Interest expense
      • Mortgage interest on building owned by business
      • Business loan interest (including business credit cards)
      • Investment expense and interest
    • Professional fees
      • Lawyers, accountants, and consultants
    • Office supplies
      • Pens, paper, staples, and other consumables
    • Rent expense
      • Office space rent
      • Business-use vehicle lease expense
      • Other
    • Office-in-home (For Sole Proprietorships)
      • Square footage of office space
      • Total square footage of home
      • Hours of use, if operating an in-home daycare
      • Mortgage interest or rent paid
      • Homeowner's or renters' insurance
      • Utilities
      • Cost of home, separate improvements and first date of business use
    • Wages paid to employees
      • Employees - Copies of the following forms:
        • Form W-2 and W-3
        • Federal and state payroll returns (Form 941, etc.)
        • Federal and State Unemployment Forms (940, etc)
        • Employee benefit expenses 
          • Copy of Employment Benefits Plans if applicable
      • Contractors - Copies of the following forms:
        • Form 1099-MISC
        • Form 1096
    • Other expenses
      • Repairs, maintenance of office facility, etc
      • Estimated tax payments made
      • Other business-related expenses

 

  • Assets
    • Security Deposits Held by Vendors
    • Loans to Owners
    • Information about Fixed Assets (Mentioned above under Depreciation)
      • Buildings
      • Vehicles
      • Equipment
      • Other
    • Research and Development Costs
    • Software Development Costs
    •  
    • Intangible Assets
      • Goodwill
    • Other

 

  • Liabilities
    • Loan Statements
      • forms 1098 
    • Credit Card Statements
    • Security Deposits Held for Customers

 

  • Equity
    • Paid in Capital
    • Shareholder Distributions or Members/Owners Draws
    • Other

 

  • Other Items
    • Other Tax Returns
      • Sales Tax
      • Other

 

By my signature, I acknowledge that I have read, understand, and agree to the policies, terms, conditions and procedures as outlined on this document.

By signing this Acknowledgement, I agree that my electronic signature is the legally binding equivalent to my handwritten signature. Whenever I execute an electronic signature, it has the same validity and meaning as my handwritten signature. I will not, at any time in the future, repudiate the meaning of my electronic signature or claim that my electronic signature is not legally binding.

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