Client Resource
Business Tax Checklist
Use this list to prepare business records before return preparation.
Checklist
- Prior-year federal and California business tax returns
- Year-end profit and loss statement and balance sheet
- Trial balance and general ledger, if available
- Business bank and credit-card statements
- Gross receipts and merchant processor statements
- Inventory and cost-of-goods-sold records
- Payroll reports, Forms W-2/W-3 and payroll tax filings
- Forms 1099 issued or received
- Fixed-asset purchases and dispositions
- Vehicle and mileage records where applicable
- Business loan statements and year-end principal balances
- Accounts receivable and accounts payable detail
- Shareholder or partner contributions, distributions and loans
- Estimated tax and extension payment records
- Federal, California, CDTFA, EDD or local notices
- Ownership changes, new locations or material business changes during the year
This resource is general information, not legal advice, and is not a substitute for review of your specific facts. Tax laws and agency procedures may change.