• 1120 Corporation Business Questionnaire

  • Is this a first year or final year return?*
  • Did the corporation change address?*
  • Has the corporation been notified of any changes to previous returns by any taxing authority?*
  • Have there been any changes to the business' operating agreement and/or ownership or ownership percentages during the year?*
  • Have there been any changes to the shareholder’s buy-sell agreement?*
  • Did the corporation acquire, sell or dispose of any assets during the year other than what is included in the books?*
  • Did the corporation receive, use or dispose of any virtual currency?*
  • Did the corporation refinance, retire or acquire new debt during the year other than what is included in the books?*
  • Does the business have a retirement plan in place?*
  • If you have a business retirement plan, do you intend to make a contribution?*
  • Did the corporation make any payments that would require it to file a Form 1099?*
  • Did the corporation receive any 1099 series forms for investment income?*
  • Did the corporation have any related-party transactions?*
  • Did the corporation do business in more than one state?*
  • Does the corporation pay for key person life insurance premiums?*
  • Was there any personal use of company owned vehicles and any other fringe benefits for shareholders or employees?*
  • Did the corporation have any foreign (check which apply):
  • Did the corporation maintain record of receipts/evidence for all business expenses (including date, place, purpose, and business relationship with the person for meals & entertainment)?*
  • Did the corporation pay any lobbying expenses that are included in the trade association dues?*
  • Did the corporation make any contributions to charitable organizations?*
  • Did the corporation make any estimated tax payments?*
  • Should be Empty: