• Business Income and Expense Organizer

    We're so excited to begin our partnership with you! To ensure we have the information we need to best serve you and your small business tax needs, please take a few moments to complete the information below. If you have any questions, please feel free to contact us any time by phone at +1305-457-9051 or via email Bennett.taxservices@hotmail.com Thank you!

  • Contact Information

    Let us know how we can reach you.
  • Format: (000) 000-0000.

  • Personal Details

    Tell us a bit about yourself.
  • Date of Birth
     - -
  • Format: Taxpayer Social Security Number .
  • Format: Tax Year.

  • Business Information

    Business information
  • Format: Business Legal Name.
  • Format: Employer Identification Number (EIN).
  • If you do not have an EIN for your business, would you like us to assist you with applying for an EIN?
  • Format: Business website.
  • Format: Does your business have a presence on social media?.
  • Do you operate your business from your home or mobile?
  • Format: Type of Business or Purpose of Business.
  • Is your business registered with the Secretary of State?
  • Format: Business formation date.
  • Format: What State was your business established in?.
  • What entity is this business?
  • Would you like to learn more about our business formation services?
  • Did you file this business on a prior year tax return?
  • Did you materially participate in this business in?
  • Which accounting method do you use?
  • Can you provide proof of expenses for this business?
  • Please select which forms and/​or documents you can provide to show proof of business income earned during the tax year.
  • Format: Please specify other documents you can provide to show proof of business income.

  • Choose

    Please choose at least one option
  • Do you have a business bank account?
  • Do you have a separate personal account?
  • Did you pay Estimated Taxes related to this business?
  • Do you have (W-2) Employees?
  • Do you have (1099-MISC) Independent Contractors?
  • Is this the first time you will file taxes for this business?
  • Format: How many months in was this business in operation?.
  • Do you have any business licenses?
  • Do you use a portion of your home for business?
  • Will you depreciate any business assets?
  • Did you rent a virtual office?

  • Business Income

  • Format: Total Gross Receipts.
  • Format: Total Other Business Income.
  • Do you track inventory?
  • Format: Beginning Year Inventory Value.
  • Format: Year-End Inventory Value.
  • Format: Total Cost of Goods Sold.

  • BUSINESS EXPENSES

    To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your field of business. A necessary expense is one that is helpful and appropriate for your business. An expense does not have to be indispensable to be considered necessary. To file with Jules Elite Multi-Services, you need to bring a breakdown of your deductible business expenses subtotaled by category. ***If you have a collection of receipts to organize and/or bank and credit accounts to reconcile, we can assist with these activities, however, these activities are not part of tax preparation and are considered bookkeeping. Bookkeeping fees are charged in addition to tax preparation services.
  • Format: Advertising.
  • Format: Contract Labor.
  • Format: Commission and fees.
  • Format: Depletion .
  • Format: Employee benefit programs.
  • Format: Health Insurance.
  • Format: Insurance (other than health).
  • Format: Mortgage interest.
  • Format: Other interest.
  • Format: Legal and professional services.
  • Format: Office expenses.
  • Format: Pension and profit sharing.
  • Format: Rent or lease of equipment.
  • Format: Rent or lease of property.
  • Format: Repairs and maintenance.
  • Format: Supplies.
  • Format: Taxes and licenses.
  • Format: Travel.
  • Format: Meals.
  • Format: Utilities .
  • Format: Wages.

  • If you have other business expenses that do not appear to fit in any of the expense categories listed above, please list them below indvidually.

    Other Business Expenses
  • Format: Expense Description.
  • Format: Expense Amount.
  • Format: Expense Description.
  • Format: Expense Amount.
  • Do you have a vehicle used for your business that you will be claiming as a deduction?

  • CAR & TRUCK EXPENSES

    You may deduct car/truck expenses for local or extended business travel,including:• between one workplace and another,• to meet clients or customers,• to visit suppliers or procure materials,• to attend meetings,• for other ordinary and necessary managerial or operational tasks or needs of your business.Note: You cannot deduct the costs of driving your car or truck between your home and your main or regular workplace. These costs are personal commuting expenses. You should have kept a record of your business-related mileage over the year. We will use the IRS'S standard mileage rate for your deduction of business-related travel. This rate accounts for gas, repairs, maintenance, depreciation, and auto insurance (but not interest on a car loan). If you do not have a record of mileage or are unsure how to calculate your total, contact our office.
  • Format: Description of Vehicle.
  • Format: Date you placed your vehicle in service for business purposes..
  • Do you or your spouse have another vehicle available for personal use?
  • Was your vehicle available for personal use during off-duty hours?
  • Do you have written evidence to support your business vehicle use?
  • Format: e.g., 23.
  • Format: e.g., 23.
  • Format: e.g., 23.

  • Depreciation

    If you have business assets already partially depreciated, you must proivde a depreciation schedule from your prior year tax return.
  • Do you have prior year depreciation and new assets to depreciate for the tax year?

  • New Assets to Depreciate

  • Format: New Asset Description.
  • Format: Date Placed in Service.
  • Format: Cost.
  • Format: Percentage of business use.

  • BUSINESS USE OF HOMEIf you use a portion of your home as your principal place of business, you may be able to deduct part of your rent or mortgage, as well as certain other relevant home expenses. In order to claim these business expenses, the part of your home used for business generally must be used exclusively and regularly for business purposes. These purposes can include home office, production/workshop space, storage, etc. For in-home daycare providers, the usage need not be exclusive.An expense that covers the entire home, such as rent or central heating, is considered an indirect expense. You may only deduct a percentage of these expenses equal to the percentage of the home's area that your businessuses. For example, a 150 square foot office in a 1500 square foot home is 10% of the home's total area and would mean 10% of relevant home expenses could be deducted.An expense that applies only to the business area of the home is called a direct expense. If you heat your basement work studio (and only the studio) with a pellet stove, the cost of the pellets would be fully deductible as a direct expense. If you paint your home office (but not the rest of the house), you can claim the whole expense.

  • Was your home used as a Day Care Facility?
  • Format: Hours used for day care per day.
  • Format: Hours used for day care per day.
  • Should be Empty: