Make sure you have the following information:
- Articles of Incorporation
- Balance Sheet
- The company’s Federal Tax ID number
- Date of incorporation
- Business income
- Business loss
- The number of shareholders
- The size of each shareholder’s ownership stake
Most of this information should be in the articles of incorporation and your balance sheet. If you have not kept records to the full extent of your ability for whatever reason, it’s possible that most of this information can be collected from your electronic bank statements and credit card statements. If you know this is the case for your business, contact your bank and ask if they can provide you with these kinds of statement. The more detailed your statements is, the better.
If you have all of this information ready, our tax specialists can ensure that your partnership tax return can be filed quickly and accurately.