One of the largest endeavors for a business owner can be filing for yearly taxes. There are so many forms to fill out and items to document, it can be overwhelming. Luckily, Jendrach, Dobogai, Lindseth Inc. has helped Milwaukee businesses prepare their taxes since 2011 and we’ll gladly help you.
To make the process easier and quicker, come prepared. Here are a few things to make sure you bring when you meet with your tax professionals.
Obviously, you’ll need to bring your businesses tax identification information, but your tax pro will also need inventory statements and a list of materials and supplies you currently hold.
To file your income tax, your tax pro will need a record of your total income from the tax year. This includes:
- Gross receipts from sales and expenditures
- Business checking and savings accounts
- Other income
It’s important to bring itemized receipts of any business expenses you’ve incurred in the past year. This can include office furnishings, commissions to sub-contractors, rent bills, utility bills, transportation and travel, phone and internet bills, insurance costs and more.
If you are filing your personal tax return as well, bring your personal tax information to the meeting. This may consist of:
- Personal income statements
- Dependent information
- Itemized deductions
- Stocks, mutual funds and other holdings
- IRA and HSA contributions
Hiring a professional to handle your tax returns can assure proper filing and maximum refunds. The team at Jerdrach Accounting and Professional Services can help you file your business and personal tax returns.
Call us to schedule an appointment! 414-321-8454