S Corp Tax Organizer
  • S Corporation Tax Organizer

  • S Corporation General Information

  • Is this a new address?
  • Did the corporation have a change of business name or address during the year?
  • Date business started
     - -
  • Date business closed
     - -
  • Was the primary purpose of the S corporation's activity to realize a profit?
  • Accounting method:
  • Does the corporation file under a calendar year?
  • S Corporation Specific Questions

  • Did the corporation hold an annual meeting with shareholders with a record of minutes maintained?
  • Was the corporation a C corporation before it elected to be an S corporation?
  • Is any shareholder in the corporation a disregarded entity, a partnership, a trust, an S corporation, or an estate?
  • Did the corporation own directly 20% or more, or own, directly or indirectly, 50% or more of the total stock issued and outstanding of any foreign or domestic corporation?
  • Did the corporation own directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in theprofit, loss, or capital in any foreign or domestic partnership or in the beneficial interest of a trust?
  • Did the corporation have any outstanding stock options, warrants, or similar instruments at the end of the tax year?
  • Did the corporation have any non-shareholder debt that was cancelled, forgiven, or had terms modified to reduce amount ofprincipal?
  • Did the corporation have any outstanding shares of restricted stock at the end of the tax year?
  • Was the corporation’s S election terminated or revoked during the year?
  • Was the corporation’s S election terminated or revoked during the year?
  • At any time during the year, did the corporation have an interest in, or signature authority over a financial account in a foreign country?
  • Was there a distribution of property or a transfer (by sale or death) of a shareholder interest during the tax year?
  • Does the corporation satisfy the following conditions? •The corporation’s total receipts for the tax year were less than $250,000, and •The corporation’s total assets at the end of the tax year were less than $250,000.
  • Did the corporation pay $600 or more of nonemployee compensation to any individual? If yes, include (portal) a copy of Form 1099-NEC for each.
  • All Clients

    Additional information and documents required during upload.
    • Provide the business income/financial statements for the year (per
      books), balance sheet, depreciation schedule per books, and cash
      reconciliation of all business bank accounts with ending cash balances.
    • If the S corporation has employees, provide a copy of Form W-3,
      Form 940, Form 941, and any state quarterly tax filing reports.
    • If the S corporation made payments of $600 or more to independent
      contractors, provide copies of Form 1099-NEC issued.
    • If any shareholders live in a different state or outside the United
      States, provide details. The corporation may be subject to withholding
      requirements.
  • Date
     - -
  • Date
     - -
  • Should be Empty: