9/1 Business Year-End Tax Review

Business Year-End Tax Review

Our firm will be using this information to prepare a tax projection & tax review.
Do you have more than one business? If you want to provide this information for more than one business, please complete this form for EACH business. You can use the same link to create a new data profile to submit.

Estimated time to complete: 5 - 15 minutes
Name*

First NameLast Name
Business Name*
Enter name used for this tax projection
Enter the date you are completing this form*

MonthDayYear
Date
Do you use QuickBooks to record your expenses?

Yes - I have a QuickBooks Desktop fileYes - I have a QuickBooks Online fileOther
Please indicate your business type

Real Estate Sales AgentGeneral Contracting BusinessOther
Click on "Go to Next Page" to continue with your questionnaire. Need more Time? Click "Save for Later" only if you need to save your data and return later. If you do click Save for Later, you will receive an email with a link so you can return to it for completion.

Real Estate Agents

Year-End Information request for your real estate commission business
Tax Review: We would like to project your commission income and business expenses for the current year. In doing this, we can provide you with tax savings ideas and options of what you should be considering for year end. This will help to better understand your cash flow and upcoming tax obligations. Please review and answer ALL questions below.

Note: When providing your information, try to be as accurate as possible. Estimates are OK to use in this projection with the understanding your tax due can change quickly if your estimates differ significantly from what is provided.
Projected Commission Income? In projecting your income, we are looking for your BEST GUESS as to what you think your 1099 Commission income will be by end of year. If you have a high/low range, you may provide that as well. Please note: we are NOT asking for Gross Commission Income (GCI) here, we want your 1099 reported commission income.
What is your current Year-to-Date Commission income?*
As of what date?*

MonthDayYear
Select the date of listed commission income from prior question
How much additional commission is projected by the end of year?*
Additional income for the year (1099 income)
Please enter any comments, questions, or notes you would like us to know about your income for the current year
What are your Business Expenses? In this section, we want to find out about your real estate business operating expenses. When we say "Business Expenses", we want your business operating expenses. Include everything EXCEPT the money you have paid to yourself (Rent, Royalty, Wages). In other words, the estimate provided would be the amount of business expenses you incur prior to taking income for yourself.
Do you think your agent business expenses will be:*

Similar to prior year - use that number for my projectionLower than prior year (please provide amount)Higher than prior year (please provide amount)
If expenses are higher/lower, please provide us with an estimate for Jan-Dec of the current year:
Did you purchase a new business vehicle in 2024?*

YesNoOther
If YES - Please indicate make, model, and purchase price
Please indicate any additional changes to your business expenses in the current year.
Examples: One-time costs, new employee, etc.)
Please provide the name of your Real Estate Broker*

Business/Income Projections

Information request about your current tax year
Business Tax Review: We would like to project your business gross income and business expenses for the current year. In doing this, we can provide you with tax savings ideas and options of what you should be considering for year end. This will help to better understand your cash flow and upcoming tax obligations. Please review and answer ALL questions below.

Note: When providing your information, try to be as accurate as possible. Estimates are OK to use in this projection with the understanding your tax due can change quickly if your estimates are off significantly from what is provided.
Projected Gross Income/Sales? In projecting your income, we are looking for your BEST GUESS as to what you think your Gross Income/Top Line Income will be by end of year. If you have a high/low range, you may provide that as well. Please note: We will be using this number to project your tax due and possible ideas/solutions to implement in Q4.
What is your current Year-to-Date Sales/Gross income?*
Year-to-date Income/Sales amount
As of what date?*

MonthDayYear
Date
Amount of additional Sales/Gross income by year end*
Additional income for the year
Please enter any comments, questions, or notes you would like us to know about your income for the current year
What are you Business Expenses? In this section, we want to find out about your business expenses. When we say "Business Expenses", we want your business operating expenses. Include everything EXCEPT the money you have paid to yourself (Rent, Royalty, Wages). In other words, the estimate provided would be the amount of business expenses you incur prior to taking income to yourself.
Do you think your business operating expenses will be:*

Similar to prior year - use that number for my projectionLower than prior year (please provide amount)Higher than prior year (please provide amount)
If expenses are higher/lower, please provide us with an estimate for Jan-Dec of the current year:
Did you purchase a new business vehicle in 2024?*

YesNoOther
If YES - Please indicate make, model, and purchase price
Please indicate if you have any unique expenses for the current year.
Example: One-time cost, auto purchase, etc.

Business Year-End Tax Review

Real Estate Agents

Business/Income Projections

Additional questions about your Business

You are almost DONE! Review the two items below.