For all your Accounting, Bookkeeping and Taxes Needs!!

DNC Accounting Solutions Business Organizer

Tax Return Year

Business Legal Name *

Business Entity Type *

Date Business Started *

Date of Incorporation or Registered with Appropriate Secretary of State, If applicable

If your business has S Corp election, what is the date the S Corp Election Became Effective

Employer Identification Number (EIN) *

If you do not have an EIN, enter NONE. Please do not enter your Social Security number

If you do not have an EIN for your business, would you like DNC Accounting Solutions to assist you with applying for an EIN?

Yes

No

Business Industry *

Business/NAICS Code

Address

Business Address *

City

State

Country

Postal code

Business Phone Number *

Business Email *

Is the primary purpose of the business activities to make a profit? *

Yes

No

Business Activity/Activities *

Do the business have a business license, if YES please upload a copy

Did you participate in the day to day operation of this business? *

Yes

No

Did you have W-2 employees during the tax year 2024? *

Yes

No

Have the W-2s for the employee(s) been prepared and distributed?

Yes

No

If answered YES to the above questions, please upload Form W-3

Did you have Independent Contractor(s) during the 2024 tax year? *

Yes

No

If Yes, have you prepared and distributed Form 1099-NEC or 1099-MISC to the independent contractor(s)?

Yes

No

If 1099s were issued to your Independent Contractor(s), please upload Form 1096

If you have not prepared your employee(s)' W-2 or independent contractor(s)' 1099, would you like DNC Accounting Solutions to assist with preparing these documents?

Yes

No

Accounting method used *

How do you market your business? (Ex. social media, business cards, flyers, merchandise, word of mouth) *

Is this the first time you will be filing taxes for this business? *

Yes

No

Do you use a portion of your home for business? *

Yes

No

Did you make or do you plan to make any contribution to a self-employed retirement plan, such as a SEP? *

Yes

No

Did you pay any Health and or Dental premiums for your employee(s)? *

Yes

No

If YES, please provide the type of plan and the amount?

BUSINESS INCOME

Total Gross Receipts *

This is the total of all monies received (sales) from your business activities. This does not include any money received from business loans, investors (including you, the owner), or the sale of fixed assets (like old equipment). It does include 1099-MISC, 1099-NEC and 1099ks income. NOTE: Do not count sales tax you collected as income

Total Other Business Income (not included in gross receipts above) *

Please upload documents for proof of business income selected above *

Do you track inventory (for manufacturers, wholesales, and businesses that make, buy, or sell goods) *

Yes

No

If YES, complete the below information:

Amount of Inventory at the beginning of the year

Amount of Purchases

Amount of cost of Labor

Amount of materials and supplies

Amount of inventory at the ending of the year

Did you purchase, trade, or sell any digital assets (virtual currency) in your business? *

Yes

No

Did you pay any employees or independent contractors with digital assets (crytocurrency, stable, NFTs) *

Yes

No

If YES, please upload Form 8949 or Form 1099-B

BUSINESS EXPENSES

To be deductible, a business 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 DNC Accounting Solutions, LLC 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 will be applied in addition to tax preparation services.

Advertising

Bad Debt

Bank Charges

Business License

Contract Labor

Commission and Fees

Depreciation

Employee Benefit Programs

Employee Health Insurance

Gifts

Insurance (other than health)

Mortgage Interest

Other Interest

Internet Service

Legal and Professional Services

Management Fees

Meals/ Business

Office Expenses (include office supplies and postage)

Pension and Profit Sharing

Rent or Lease Equipment, Car, Machinery

Rent or Lease Of Property - Business

Repairs and Maintenance

Supplies (not included in inventory or office expenses)

Taxes and Payroll

Taxes - Property

Taxes - Sales

Taxes - State

Telephone & Telecommunication

Travel

Utilities

Salaries/Wages

OTHER BUSINESS EXPENSES

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

Other Business Expense (include description and amount)

Expense Description

Expense Amount

CAR & TRUCK EXPENSES

You may deduct car/truck expenses for local or extended business travel, including: 1. between one client and another 2. to meet clients or customers 3. to attend meetings 4. 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. This 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.

Did you use your Car in your business? *

Yes

No

Date you put your vehicle in service for business purposes

Make/ Model of Vehicle

Was your vehicle available for personal use during off-duty hours?

Yes

No

Do you (or your spouse) have another vehicle available for personal use?

Yes

No

Do you have written evidence to support your business vehicle use?

Yes

No

Mileage Section

Beginning of the year odometer reading

End of the year odometer reading

Business Mileage

Actual Expenses

Gas/Oil

Insurance

Parking Fees/ Tolls

Registration Fees

Repairs (Tires)

Enter the following information for assets purchased that have a useful life greater than one year

Description of assets

Date purchased

Cost of assets

Date assets were placed in service

NOTE: Depreciation is the annual deduction that allows you to recover the cost or other basis of your business asset/property over a certain number of years. Depreciation starts when you first use the property in your business. It ends when you either take the asset/property out of service, recover the total cost of the asset/property, or no longer use the asset/property in your business

Equipment sold or disposed of during the tax year - Enter the following information for assets sold or disposed of:

Description of assets

Date sold

Selling price of assets/property

BUSINESS USE OF HOME

NOTE: Area of home must be exclusively used for business except for storage or day care

Business use area (square footage)

Total area of home (square footage)

Enter below only the expenses paid during the period the home was used for the business. Direct expenses benefits only the business use portion of the home Indirect expenses are for keeping up and running the entire home, such as mortgage interest

Mortgage Interest

Direct
Indirect

Property Taxes

Direct
Indirect

Insurance

Direct
Indirect

Rent

Direct
Indirect

Repairs & Maintenance

Direct
Indirect

Utilities

Direct
Indirect

Other

Direct
Indirect

By signing this form, I confirm the information I am providing to be accurate and supported by the necessary documents. I have retained all documents, cancelled checks, and other data that form the basis of income and deductions pertaining to this return.

I declare under penalty of perjury that the foregoing is true and correct.

DISCLAIMER:

I agree by the fraud laws within the United States and the State of Georgia that all above information is correct to the best of my ability and was voluntarily provided by myself (responsible party for the business tax matters). In addition, none of the above information was in any way added or embellished by the Tax Professionals/Employees of DNC ACCOUNTING SOLUTIONS LLC. I further agree by signing I release DNC ACCOUNTING SOLUTIONS LLC and their employees or independent contractors of any liability due to any errors that may have been incorrect or falsified by myself-Responsible party for business tax matters. I understand that it is my responsibility to provide proof to the IRS and/or any other government agency in the event of an audit or upon request

Print Name *

Signature

Clear