Partnership Tax Organizer

* General partner. A general partner is a partner who is personally liable for partnership debts. Limited partner. A limited partner’s personal liability for partnership debts is limited to the amount of money or other property contributed or required to contribute to the partnership.

All Clients – Additional information and documents required

New Clients – Additional information and documents required

• Provide the income/financial statements for the year (per books), balance sheet, depreciation schedule per books, and cash reconciliation of business bank accounts with ending cash balance. • If the partnership has employees or paid independent contractors, provide a copy of all Forms W-2, W-3, 940, 941, 1096, 1099-MISC, and any other forms issued to workers. • If any partners live in a different state or outside the U.S., provide details. The business may be subject to withholding requirements.

• Provide copies of the partnership agreement and any other supporting organizational documents.
• • Provide copies of depreciation schedules for book, tax, and AMT.
• • Provide copies of tax returns for last two years, including state returns (if applicable

Partnership assets at year end

Other current assets (include list)

Partnership Income (include all Forms 1099-K received)

Partnership Cost of Goods Sold (for manufacturers, wholesalers, and businesses that make, buy, or sell goods)

Generally, you can use either the standard mileage rate or actual expenses to figure the deductible costs of operating your car for business pur- poses. However, to use the standard mileage rate, it must be used in the first year the car is available for business. In later years, you can then choose between either the standard mileage rate method or actual expenses.

Equipment Purchases – Enter the following information for depreciable assets purchased that have a useful life greater than one year

The nature of our work requires us to collect certain nonpublic information. We collect financial and personal information from applications, worksheets, reporting statements, and other forms, as well as interviews and conversations with our clients and affiliates. We may also review banking and credit card information about our clients in the performance of receipt of payment. Under our policy, all information we obtain about you will be provided by you or obtained with your permission. Our firm has procedures and policies in place to protect your confidential information. We restrict access to your confidential information to those within our firm who need to know in order to provide you with services. We will not disclose your personal information to a third party without your permission, except where required by law. We maintain physical, electronic, and procedural safeguards in compliance with federal regulations that protect your personal information from unauthorized access.