What to Provide When Getting Your Taxes Prepared

So, you’re ready to get your taxes done—great! Whether this is your first time working with our firm or you’re just looking for a checklist to stay organized, we’ve got you covered. Here’s what you need to provide to ensure that your taxes are accurate and done smoothly, and to help you claim all the deductions you deserve!

1. Business Financials: Profit & Loss Report and Balance Sheet

Your Profit & Loss (P&L) Report shows your total income and expenses for the year—basically, it tells us how much money your business made and what you spent to keep it running. This is key to calculating your taxable income and making sure we don’t miss any deductions.

Your Balance Sheet gives a snapshot of your business’s financial health, including assets, liabilities, and equity. It helps ensure everything is properly categorized and that your financials are accurate before we file.

If you use accounting software like QuickBooks, Xero, or Wave, you can usually download these reports with just a few clicks!

2. Tax Forms (Because the IRS Loves Paperwork!)

Depending on how your business is structured, you may receive tax forms from clients or financial institutions. Be sure to bring:

• 1099-NEC or 1099-K – If you did contract work or received payments through online platforms like PayPal or Stripe, you might have one of these.
• W-2s– If you paid yourself through payroll, you’ll need this for your personal tax return.
• 1098 (Mortgage Interest or Student Loan Interest) – If applicable, these can impact your tax liability.
• Loan Statements – To verify interest payments, income deposits, and expenses.

3. Business Expenses and Deductions

Want to lower your taxable income? Bring documentation for deductible expenses like:

• Office rent, utilities, and internet
• Equipment and software purchases
• Business travel, meals, and vehicle expenses
• Employee wages and contractor payments
• Marketing and advertising costs

If you’re not sure if something is deductible, bring it anyway—we’ll help you figure it out!

4. Prior Year Tax Return (If You’re New to Us!)

If this is your first time working with us, we’d love to see your previous year’s tax return. This helps us understand your business history, spot any past deductions or carryovers, and make sure everything lines up correctly.

5. Any Big Changes This Year?

Did you hire employees? Buy new equipment? Change your business structure? These things can affect your tax filing, so let’s discuss any major updates to make sure we get everything right.

Let’s Make Tax Time Easy!

The more organized you are, the smoother (and less stressful!) tax prep will be. Gather these documents, and we’ll take care of the rest! If you have any questions or need help pulling reports, don’t hesitate to reach out—we're here to make tax season as painless as possible.

We're looking forward to working with you and getting those taxes done right! Click here to login to your portal to provide your documents, or to schedule an appointment to discuss your business taxes.