Business

MTM Pre-Visit Checklist

To ensure that we have everything we need to process your return, please make sure that you bring everything that applies to your business return. 

OK, here's the short list:
  1. All 1099's received
  2. If using Quickbooks - A backup (not accountants copy)
  3. If using another Accounting Software -
    1. Copy of year-end Balance Sheet
    2. Copy of year-end Profit & Loss Statement
  4. If not using a Software or Alternative Accounting System
    1. Summary of income by Category
    2. Summary of Expenses by Category

Note - All expenses placed on a credit card must be broken down (see below) - Not as a Lump Sum

Here's the rest of the list - If you have no Software or Alternative Accounting Software
  1. Summary of Income by Category
    1. Sales
    2. Service
    3. Discounts Earned
    4. Interest Income
    5. Other
    6. Returns & Allowances
  2. Summary of Expenses by Category
    1. Advertising
    2. Automobile Expense
    3. Bank Charges
    4. Cost of Materials
    5. Merchant Card Fees
    6. Dues & Subscriptions
    7. Finance Charges
    8. Insurance
    9. Internet Provider
    10. Janitorial
    11. Leased Equipment
    12. Licenses & Permits
    13. Meals & Entertainment
    14. NSF Checks
    15. Office Supplies
    16. Penalties
    17. Postage
    18. Professional Development
    19. Professional Fees
    20. Salaries & Wages
    21. Taxes
      1. Property
      2. Personal Property
      3. Payroll
    22. Telephone
    23. Trash Removal
    24. Web Hosting