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DanielleCPA
DanielleCPA , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 781
Experience:  CPA experienced in tax and financial planning
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Hi.. Im wondering what paperwork I need to gather to give

Resolved Question:

Hi.. I'm wondering what paperwork I need to gather to give to my accountant for an S Corp so he can do my taxes.. I assume I'll need a P&L, but I don't know what else.
Submitted: 5 years ago.
Category: Finance
Expert:  DanielleCPA replied 5 years ago.

DMC :

Hi and welcome to Just Answer! I'm happy to help answer your Finance questions. Feel free to interject at any time if you need clarification.

DMC :

At a minimum, you will need a P&L and Balance Sheet.

DMC :

I would also recommend bringing a copy of your general ledger (can be printed easily with various financial softwares out there) so the accountant can at least scan through it to make sure nothing is misclassified as deductibel that might not be.

DMC :

Depending on how detailed the accountant is, they may also like to see a end of year bank reconciliation, accounts payable aging, accounts receivable aging, etc.

DMC :

Also, definitely have a list of any fixed assets (computers, office equipment, machinery, etc) purchased during the year.

Customer:

ok great, that makes sense

DMC :

Any other questions I could help you with?

Customer:

No I think that sounds great, thanks so much.

DMC :

You're welcome. Please hit accept to indicate I answered your question. Have a great day!

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