Tax and Cash Flow Plan – Assumptions Gathering

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Salesforce ID
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Full Name* This field is required.
First Name
Last Name
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Business Name* This field is required.
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Email* This field is required.
example@example.com
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Income Assumptions* This field is required.What do you anticipate for your net commission income this year? (Net commission income is calculated after brokerage firm splits.)
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Vehicle Mileage* This field is required.What do you anticipate for the business mileage of your vehicle? (Note: Driving from your home to the office is considered commuting and is not eligible as business mileage.)
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Business Meals* This field is required.What do you expect to spend on business meals? Please enter the full cost. (Reminder: Business meals are 50% deductible.)
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Other Deductible Business ExpensesWhat additional deductible business expenses do you anticipate this year (beyond what you’ve already listed)? Please keep in mind the following notes: Entertainment expenses (e.g., sports tickets, event tickets, golf green fees) are not deductible. Gifts to clients are limited to $25 per individual per year. Do not include fees paid to us for S Corp Management, Bookkeeping, Payroll, or Tax Preparation. If your brokerage firm reimburses certain expenses, do not include those.
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401(k) Contributions(Contribution limits for 2024 are up to $77,500 if age 50 or older, or $70,000 if younger. This total includes: Employee deferrals (limit: $23,500, with a $7,500 catch-up for those 50+; due by year-end). Employer profit sharing (up to 25% of W-2 wages, capped at $46,500).)
Please Select
Please Select
MAYBE
NO
YES
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401(k) Contribution AmountHOW MUCH?
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Health Insurance* This field is required.Are you the primary policyholder of your health insurance? Yes – Ensure that premiums are paid from the business account. No – No further action needed.
YESNO
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Marital Status (Employment)If you’re married, does your spouse have full-time employment?
Please Select
Please Select
No
Not Married
Yes
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Additional Tax ConsiderationsIs there anything else we should consider for your business or personal tax situation?
Huge
Large
Normal
Small
Ok
Ok
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Integration Author
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Submission Date
Date
Month
Day
Year
Should be Empty: