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Report Income & Expenses / Profit or Loss Statement
This form is used for reporting your income & expenses. - You received this form because your tax preparer requests income and expenses to prepare your tax return. You will review your taxes before they are signed and e-filed. - This form is NOT used for reporting W2 income or expenses. If you elect not to provide such information, simply disregard this form.
Return to Reporting Page
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Existing Client or New Client?
*
Existing Client
New Client
Only Choose New Client If: We have never filed your taxes, or if you started a new business.
Your Name
*
First
Middle
Last
Business Name or DBA:
*
If sole proprietor without DBA (doing business as), enter your full name.
Contact Email
*
Contact Phone #
*
Reporting Entity (Choose One)
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Self Employed / Sole Proprietor - No EIN
Single Member LLC
Business - C CORP
Business - S CORP
Partnership
Non-Profit
Not Sure
What Year Are You Reporting Expenses?
*
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Choose the year you are reporting expenses. January 1st thru December 31st. We have multiple years to choose from as some clients are reporting back taxes with this form.
Starting Year?
*
Enter the year your business, organization or partnership started. Numbers only: 2020, 2021, etc.
EIN# 9 Digit
*
Numbers Only. Leave blank if you do not have an EIN number.
Social Security #
*
Numbers Only.
Business or Profession Description
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Product / Service: Chef, Construction, Administrator, Trucking, Rideshare Driver, Realtor, Auto Sales...
Accounting Method
Cash (most likely)
Accrual
Not Sure
State or
State of Formation
*
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Choose the state where your organization, partnership or corporation was started.
Business Address:
*
Address Line 1
Address Line 2
City
--- Select state ---
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
State
Zip Code
Income
Income / Sales / Gross Receipts:
*
Returns and Allowances:
Expenses
The section below is for reporting your expenses.
Optional (Upload your Income Statement / Profit & Loss)
Click or drag a file to this area to upload.
If you already have your expenses on a list, you can - upload it here - email it to
[email protected]
- upload it to your client portal - walk it into our office.
Expenses
If you already sent us a list of your expenses the area below can be disregarded.
Accounting
Advertising
Auto & Truck
Bad Debts
Bank Fees
Cash Short/Over
Cell Phone
Cleaning
Commission Fees
Computer
Consulting
Contract Labor
Delivery
Education & Training
Employee Benefit Programs
Discounts
Dues & Subscriptions
Equipment Rental
Freight
Entertainment – Deductible
Equipment
Gifts
Insurance
Fuel / Gas
Furniture
Internet / Phone
Janitorial
Interest
Liability
Marketing
Meals
Laundry
Legal & Prof
Office & Electronics
Officer Comp Non-Shareholders
Meetings
Miscellaneous Expenses
Parking Fees & Tolls
Payroll Processing Expenses
Officer Comp Shareholders
Outside Services & Contractors
Postage/Shipping
Printing
Pension, Profit-Sharing, & Plans
Permits & Fees
Rent (Office)
Rent (Vehicle)
Recruiting
Rent (Equipment)
Salaries Shareholders
Security
Repairs & Maint
Salaries Non-Shareholders
Taxes & Licenses
Telephone
Software & Hardware
Supplies & Material
Uniforms
Utilities / Power
Tools & Equip
Travel
Waste Removal
Web Domains & Hosting
Are there any other expenses we didn't ask about, that you would like to discuss?
Enter: Expense and amount. Example: Gear $165
Cost of Goods Sold
Complete if applicable
Do you need to report Cost of Goods Sold?
*
No
Yes
Mostly used by businesses that purchase inventory / resellers.
Method used to value closing inventory:
Cost
Lower of cost or market
Other
If other, explain below.
Other method used to value closing inventory explanation:
Was there any change in determining quantities, costs, or valuations between opening and closing inventory?
Yes
No
If yes, explain below.
Change in determining quantities, costs, or valuations explanation.
Inventory at beginning of year.
If beginning inventory is different from last year's closing inventory explain.
Inventory at the end of the year.
Purchases less cost of items withdrawn for personal use.
Costs of labor, do not include any amounts paid to yourself.
Materials and supplies.
Other costs
Send to your Tax Preparer
Call or Text